09:11 AM EDT, 10/13/2025 (MT Newswires) -- US equity futures were up ahead of Monday's opening bell after President Donald Trump softened his stance on trade relations with China.

Dow Jones Industrial Average futures were 0.9% higher, S&P 500 futures were up 1.2%, and Nasdaq futures were 1.7% higher.

Trump on Friday warned of new 100% tariffs on China, reigniting trade tensions between the world's two largest economies. But on Sunday, in a social media post, Trump said "Don't worry about China, it will all be fine!"

Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.8% at $63.21 per barrel and US West Texas Intermediate crude 0.8% higher at $59.37 per barrel.

In other world markets, Japan's Nikkei closed 1% lower, Hong Kong's Hang Seng ended 1.5% lower, and China's Shanghai Composite finished 0.2% lower. Meanwhile, the UK's FTSE 100 was down 0.1%, Germany's DAX index was up 0.4%, France's CAC 40 was up 0.2% and Spain's IBEX 35 was up 0.5% in Europe's early afternoon session.

In equities, Fastenal ( FAST ) stock was down nearly 5% after the company reported Q3 earnings that trailed analysts' estimates.

On the winning side, Solidion Technology ( STI ) shares were up 86% after the company said it expects its Peak battery system for artificial intelligence data centers to be commercially available in Q1.