US-China trade truce euphoria is giving way to worry over economic slowdown in the wait for the latest US consumer inflation report

Stocks are soaring Monday as investors cheer weekend talks that saw China and the U.S. agree to slash tariffs on each other for at least 90 days. Data indicate that institutions were already lagging behind the stock-market bounce that had seen the S&P 500 take back much of its post-April 2 selloff,

Stock futures were mixed Tuesday after kicking off the week with massive gains fueled by a de-escalation in the trade spat between the U.S. and China.

Stock futures were little changed in overnight trading following a big rally, as investors look ahead to a key inflation report Tuesday morning. Futures on the Dow Jones Industrial Average inched up 24 points. S&P 500 futures and Nasdaq 100 futures were both flat.

Monthly data for the consumer price index showed that prices rose 0.2% in April, which is what analysts on Wall Street had forecasted. That puts CPI at 2.3% year-over-year and core CPI at 2.8%. Bullish stock-index futures traders appeared pleased with the data.

U.S. stock futures point lower after yesterday's market rally, President Donald Trump begins a four-day Middle East tour that is expected to result in several business deals, and UnitedHealth shares sink after the company's CEO steps down.

The Magnificent Seven are riding to the rescue once again. Two of the handful of huge technology companies that drove market gains in 2023 and 2024, posted earnings that smashed expectations after the bell on Wednesday.

Stock futures indicated a higher start for the open, with Dow Industrials up nearly 0.5%, S&P stock futures up 1.0% and Nasdaq futures gaining 1.4%, while most European markets were closed.

Live Updates Live Coverage Has Ended NVIDIA Up 4.25% Near at 11:30 11:30 am by As of 11:30 a.m. ET, NVIDIA is up 4.25%, which is higher than the Nasdaq Composite’s 3.5% gains. That’s below Magnificent 7 peers like Amazon (up 7.

Oil futures rise for a fourth straight session on improved sentiment after the U.S. and China agreed to cut tariffs for 90 days to allow time for trade talks, which has eased concerns about loss of demand at a time when OPEC+ is raising output.