U.S. equity futures rose on Tuesday after lawmakers reached an agreement to prevent the closure of the government and optimism grew compared to a possible trade agreement between the United States and China.
How are the most important indices going?
Dow Jones Industrial Average Futures
YMH9, + 0.61%
rose 132 points, or 0.5%, to 25.147, while S & P 500 futures
ESH9, + 0.58%
added 1
NQH9, + 0.76%
reached 45.5 points, or 0.7%, to 6.959.50.
Monday, the Dow Jones Industrial Average
DJIA, -0.21%
fell 53.22 points, or 0.2%, to 25.053.11, while the S & P 500
SPX, + 0.07%
rose 1.92 points to 2.709.8 and the Nasdaq composite index
COMP, + 0.13%
gained 0.1% to 7307.90.
Read : Morgan Stanley warns of a looming recession of profits
What is driving the market?
Democratic and Republican legislators said Monday that an agreement was reached to avoid another damaging government arrest. In a desperate attempt to avoid the repetition of this scenario, the GOP negotiators have agreed on a border security agreement that will involve far less money for President Donald Trump's border wall than the White House wanted.
The interim agreement, which provides 55 miles of new border fence, still requires the approval of Trump, who told a demonstration in El Paso, Texas that "progress has been made with this committee ". He added: "Just so you know we are building the wall anyway."
Trade talks entered Tuesday in Beijing, with Treasury Secretary Steven Mnuchin and US trade representative Robert Lighthizer, who will arrive on Thursday for further discussions of high level. At 12:01 am Eastern time 2 March the deadline for an agreement between the two countries is imminent.
How are the other markets negotiated?
In Asia, the Nikkei 225 index returned from a jump of 2.6%, while the Shanghai Composite rose 0.6% and most of the other indices rose. Stoxx Europe 600
SXXP futures, + 0.56%
indicated a stronger opening for stocks
.
CLH9, + 0.55%
was modestly higher, while the gold
GCH9, + 0.37%
is higher and the US dollar
DXY, -0.04%
is stable.
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