Emerging Market Currencies and Stocks Steady Amid Trade Uncertainty
Emerging market currencies and stocks saw a period of calm on Monday as investors prepared for trade developments in...
archivetrade developments
Dow, S&P 500, Nasdaq futures waver as investors digest concerns trade relief could fade fast
US stock futures wavered after investor optimism largely persisted for another day despite growing warnings that relief over trade developments could be short-lived. Futures attached to the Dow Jones Industrial Average (YM=F) rose 0.1%. Futures attached to the benchmark S&P 500 (ES=F) and the tech-heavy Nasdaq 100 (NQ=F) traded flat. On Monday, stocks ticked up despite the US losing its last AAA credit rating on Friday. Since the US and China struck a deal to temporarily roll back tariffs last week, Wall Street has been shaking off fears of a...