U.S. futures rose on Tuesday after reports that China has allowed some companies to buy millions of tons of U.S. soybeans without import tariffs, bolstering hopes of a more substantial agreement between the two sides when they meet next month.
The report from Bloomberg helped sustain investor confidence, as China and the U.S. continue to play a game of cat and mouse with regard to their trade dispute. U.S. Treasury Secretary Steven Mnuchin confirmed that talks between high-level officials will continue as expected in two weeks.
Nasdaq 100 futures rose 23 points or 0.3% by 6:43 AM ET (10:43 GMT), while Dow futures gained 64 points or 0.2% and S&P 500 futures were up 7 points or 0.3%.
Source : Investing.com