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Barchart
Barchart
Oleksandr Pylypenko

Stocks Set to Open Sharply Higher as Trump Tempers Tariff Threats, Powell’s Remarks and Big Bank Earnings Awaited

December S&P 500 E-Mini futures (ESZ25) are up +1.38%, and December Nasdaq 100 E-Mini futures (NQZ25) are up +1.84% this morning, signaling a rebound from Friday’s sell-off on Wall Street as sentiment improved after U.S. President Donald Trump softened his stance on tariff threats against Beijing.

President Trump said in a Truth Social post on Sunday that he wants to help China, not hurt it, signaling openness to negotiations and a possible easing of tensions. “Don’t worry about China, it will all be fine!” Trump said. He added that Chinese President Xi Jinping “had a bad moment,” referring to China’s decision last week to impose export controls on rare earth materials.

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