December S&P 500 E-Mini futures (ESZ25) are up +0.29%, and December Nasdaq 100 E-Mini futures (NQZ25) are up +0.41% this morning as signs of easing trade tensions between the U.S. and China helped boost risk appetite.
U.S. President Donald Trump last week moved to ease concerns over a trade war with China. President Trump on Friday confirmed plans to meet with Chinese leader Xi Jinping at the end of the month in South Korea. When asked by Fox News on Sunday about his threat to impose an additional 100% tariff on Chinese goods, Trump said the levy was “not sustainable,” though “it could stand.” He added that he thinks “we’re going to be fine” with China. Notably, a new round of U.S.-China trade talks is scheduled to take place this week in Malaysia between Treasury Secretary Scott Bessent and Vice Premier He Lifeng.
