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Futures on the S&P 500 and Nasdaq are down at least 1.2%. "Investors are again growing worried on what China's response will be."
Trump's comment fanned concerns the tariff hike will go ahead. If that happens, one analyst said that "we could expect equities to continue falling."
Global stocks gain after ‘Apple’s got its mojo back’ with bullish forecast — while traders cheer China trade-war progress and ...
Apple lifted futures on the tech-heavy Nasdaq about 0.8%, with global gains on US-China trade war progress and optimism about the upcoming Fed decision.
Stock markets reflected optimism mixed with trade disputes and financial conditions that "have been plaguing investors," said London Capital Group's Jasper Lawler.
US equity markets opened higher Friday and held their gains after President Donald Trump announced a temporary end to the government shutdown.
Tech stocks lead the pack, with airlines and metals producers also getting a boost.