U.S. stock index futures were sharply higher Thursday morning, after China confirmed it planned to hold trade talks with the U.S. in early October.
At around 04:30 a.m. ET, Dow futures rose 201 points, indicating a positive open of more than 209 points. Futures on the S&P and Nasdaq were both higher.
China’s Commerce Ministry issued a statement Thursday morning saying that Liu He, Beijing’s top negotiator on trade, had spoken with U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin.
The two sides agreed to hold another round of trade negotiations in Washington, D.C., towards the beginning of next month, and consultations will be made in mid-September in preparation for the meeting, the statement said.
Source : CNBC