US Stock Market Live: Dow futures surge 900 points; China to lower tariffs on all US goods to 10%

6 hours ago

HomeMarket NewsUS Stock Market Live: Dow futures surge 900 points; China to lower tariffs on all US goods to 10%

US Stock Market Live: Futures on Wall Street are back to the highs of the morning after US and China issued a joint statement post their tariff-related talks over the weekend in Geneva. The Dow futures are up 850 points, while the S&P 500 and Nasdaq futures are up 150 points and 650 points respectively. Watch this space for all the live updates.

 Dow futures surge 900 points; China to lower tariffs on all US goods to 10%

US Stock Market Live: Futures on Wall Street are back to the highs of the morning after US and China issued a joint statement post their tariff-related talks over the weekend in Geneva. The Dow futures are up 850 points, while the S&P 500 and Nasdaq futures are up 150 points and 650 points respectively. As part of its Joint Statement shared by both countries, the US will be cutting tariffs on Chinese goods to 30% from 145% for a period of 90 days. Crude oil prices have seen a sharp surge post the announcements, with Brent crude crossing levels of $65 per barrel. Gold prices have extended losses and are now down 2.5% to below the $3,300 an ounce mark. The US 10-year bond yield has hit the highest level in a month, now at 4.43%. Watch this space as the story develops.

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