US Stock Market Live: Dow futures up 450 points; Asian Pharma stocks tumble

US Stock Market Live: Futures on Wall Street have seen a sharp surge on Sunday evening US time, after the Trump administration and China, both cited "substantial progress" on trade talks that took place over the weekend in Geneva, Switzerland. The Dow futures are up 440 points, while the S&P 500 and Nasdaq futures are up 70 points and 280 points respectively. Watch this space for all the Live updates.

US Stock Market Live: Futures on Wall Street have seen a sharp surge on Sunday evening US time, after the Trump administration and China, both cited "substantial progress" on trade talks that took place over the weekend in Geneva, Switzerland. The Dow futures are up 440 points, while the S&P 500 and Nasdaq futures are up 70 points and 280 points respectively. Treasury Secretary Scott Bessent said that the talks were "productive" and that he would share more details in a comprehensive briefing on Monday morning. Although it is unclear whether he meant Monday morning US time or Switzerland time. The representatives also said that President Trump has been appraised of the talks. Chinese officials who were part of the talks also said that there was "substantial progress made and important consensus reached." The news comes ahead of President Trump's tour to the Middle East. Oil prices have reacted positively to the news with Brent reaching $64 per barrel, while Gold has seen sharp profit booking. Watch this space for all the Live updates.