US Stock Market Live: Dow futures hold gains of 350 points; Apple warns of $900 million tariff hit

US Stock Market Live: Futures on Wall Street have seen a sharp surge after China's commerce ministry said that it is evaluating options for trade talks with the US in response to advances made by the Trump administration. The Dow futures are up 300 points, while those on the S&P 500 and Nasdaq are up 30 points and 60 points respectively. Watch this space for all the live updates.

US Stock Market Live: Futures on Wall Street have seen a sharp surge after China's commerce ministry said that it is evaluating options for trade talks with the US in response to advances made by the Trump administration. The Dow futures are up 300 points, while those on the S&P 500 and Nasdaq are up 30 points and 60 points respectively. The latter recovered from earlier losses after cautious commentary on tariffs from both Apple and Amazon in their post-earnings statement. Asian markets have also jumped after China's statement, while mainland China's market remain shut until Monday on account of Labor day. Gold prices have seen a marginal rebound from levels of $3,200, while Oil prices are set to end the week on a negative note ahead of the OPEC+ meet on May 5. The Dollar is back above 100 after two weeks and remains around those levels. Watch this space for all the live updates.