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U.S. Stock Futures Rise on Signs Trump Administration Could Soften Huawei Stance


Friday, 24 May 2019 16:26 WIB

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U.S. stock futures rose Friday on some encouraging news on the trade front, with reports President Donald Trump may ease up on restrictions against Huawei Technologies Inc. as part of a bigger trade deal with China.

Dow Jones Industrial Average futures rose 114 points, or 0.5%, to 25,580, while S&P 500 futures were up 13.10 points, or 0.5%, to 2,833. Nasdaq-100 futures added 40 points, or 0.6%, to 7,351.

On Thursday, The Dow Jones Industrial Average dropped 286.14 points, or 1.1%, to 25,490.47, while the S&P 500 index fell 34.03 points, or 1.2%, to 2,822.24. The tech-heavy Nasdaq Composite Index sank 122.56 points, or 1.6%, to 7,628.28.

Source : Market Watch


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