Market Snapshot: Dow futures rise more than 200 points as China trade truce fuels fresh optimism [MarketWatch]
MB FINANCIAL (MBFI)
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Source: MarketWatch
Dow futures rise more than 200 points as China trade truce fuels fresh optimism Wall Street stocks were poised to rally on Monday, with Dow futures up over 200 points as investors welcomed news of a U.S.-China agreement that could reduce America’s trade deficit with the world’s No. 2 economy. Meanwhile, deal news was buoying several stocks, such as MB Financial Inc., General Electric Co. and Wabtec Inc. Dow Jones Industrial Average futures YMM8, +0.86% jumped 228 points, or 0.9%, to 24,949, while S&P 500 futures ESM8, +0.51% gained 15.5 points, or 0.6%, to 2,728.50. Nasdaq-100 futures NQM8, +0.63% rose 48 points, or 0.7%, to 6,921.75. Last week, both the Dow DJIA, +0.00% and the S&P 500 SPX, -0.26% fell 0.5%, the third weekly decline of the past four for both. The Nasdaq Composite Index COMP, -0.38% sank 0.7%. The small-cap benchmark Russell 2000 index RUT, +0.08% rose 1.3% for its third straight positive week, its longest such streak since January. Read: The st
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