Futures gain as China fuels trade deal optimism [Reuters]
NVIDIA Corporation (NVDA)
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Source: Reuters
Futures gain as China fuels trade deal optimism - Reuters 3 Min Read (Reuters) - U.S. stock index futures pointed to another session of gains on Monday, as a report out of China added to optimism over a trade deal and the country’s central bank indicated willingness to step in to prop up a slowing economy. Washington and Beijing had held “constructive” trade talks over the weekend, China’s state media said, just days after White House economic adviser Larry Kudlow indicated that the world’s top two economies were close to a deal. Hopes of a resolution to the 16-month trade dispute that has roiled financial markets and throttled global growth have powered Wall Street’s three indexes to multiple record highs this month. Chipmakers that have a large exposure to China rose in premarket trading, with Nvidia Corp ( NVDA.O ), Micron Technology ( MU.O ) and Advanced Micro Devices Inc ( AMD.O ) up between 0.4% and 1%. U.S.-listed Chinese stocks including Alibaba Group Holding Ltd ( BABA
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- NVDA's page on the SEC website