financetom
World
financetom
/
World
/
Futures rise after heavy losses on hopes of talks over tariffs
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Futures rise after heavy losses on hopes of talks over tariffs
Apr 8, 2025 2:34 AM

(Reuters) - U.S. stock index futures edged higher on Tuesday after taking in trillions of dollars in losses since last week, signaling a rebound as investors keenly await any sign of the U.S. opening up for negotiations over some of the aggressive tariffs.

Most megacap and growth stocks ticked higher in premarket trading, with Tesla, Amazon, Meta Platforms and Nvidia rising close to 2% each.

Uncertainty, however, persisted after China said on Tuesday it will never accept the "blackmail nature" of the U.S. to Trump's threat to ratchet up tariffs on imports from China to more than 100%.

This was in response to China's decision to match 'reciprocal' duties he initially unveiled last week.

Wall Street has sold-off sharply since the sweeping import tariffs were announced, leaving the S&P 500 near its lowest levels in more than 11 months.

The Nasdaq confirmed a bear market on Friday, while the S&P 500 and the Dow are down more than 15% from their record-high closes.

Dow E-minis were up 644 points, or 1.69%, S&P 500 E-minis added 56.5 points, or 1.11%, and Nasdaq 100 E-minis were up 156.5 points, or 0.91% by 04:27 a.m. ET.

Worries that the aggressive U.S. tariffs could spur inflation and tip the global economy into a recession have led to greater pricing of interest-rate cuts by the Federal Reserve.

"While the growth outlook has worsened, the risk of higher US inflation has also increased, and this looks set to remain the priority for the FOMC," said Matthew Ryan, head of market strategy at financial services firm Ebury.

Traders see more than 96 basis points of easing by the December, implying three fully priced in 25-bps cuts and a 84% chance of a fourth such a reduction, according to LSEG data.

A consumer price inflation reading is also due on Thursday, which could offer more clues on the inflation trajectory.

Providing some cushion to U.S. equities was easing Treasury yields, with those on the 10-year note easing a touch to 4.14% after surging more than 16 basis-points in the last session.

The CBOE Volatility index - seen as Wall Street's 'fear gauge' - eased to 44.1 points after rising to more than 60 on Monday - levels last seen back in August.

Among individual stocks, chipmaker Broadcom advanced 3.3% after the company said it was launching a new share buyback program of up to $10 billion, set to run through the end of the year.

Marvell Technology gained 2.9% after German chipmaker Infineon Technologies said it would buy the company's automotive ethernet business for about $2.5 billion in cash.

UnitedHealth Group jumped 5.8% after the U.S. announced 5.06% increase in payment rates to private insurers for 2026 Medicare Advantage health plans.

Other health insurers such as Elevance Health and Humana also rose in low volumes.

(Reporting by Shashwat Chauhan in Bengaluru; Additional reporting by Rashika Singh; Editing by Arun Koyyur)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Tech Share Rallies Roil Asian Stock Markets
Tech Share Rallies Roil Asian Stock Markets
Sep 24, 2025
06:54 AM EDT, 09/24/2025 (MT Newswires) -- Asian stock markets churned on Wednesday with China-exposed exchanges and Tokyo rallying on strong tech issues, while other trading floors largely slipped. In Japan, the Nikkei 225 opened lower on overnight Wall Street cues but rose to the close, finishing up 0.3% as tech shares surged on renewed optimism regarding the AI sector....
EMERGING MARKETS-EM stocks rise, Czech crown slips as central bank verdict looms
EMERGING MARKETS-EM stocks rise, Czech crown slips as central bank verdict looms
Sep 24, 2025
* EM stocks up 0.4%, FX down 0.17% * Czech central bank rate decision due at 1230 GMT * Russia to raise VAT to fund military expenditure * Indian rupee flat near record lows * Trump to support Argentina, World Bank to accelerate support By Nikhil Sharma Sept 24 (Reuters) - A gauge of emerging market stocks hit a four-year...
Asian stocks reverse losses as China tech roars back
Asian stocks reverse losses as China tech roars back
Sep 24, 2025
SINGAPORE (Reuters) -Stocks in Asia rebounded on Wednesday, shaking off earlier Wall Street-led losses as renewed enthusiasm for artificial intelligence and semiconductors breathed fresh life into China's tech-led rally. MSCI's broadest index of Asia-Pacific shares outside Japan reversing an earlier decline of as much as 0.5% earlier in the session to be up 0.1% by mid-afternoon trading. Chinese stocks led...
German business sentiment unexpectedly falls in September, Ifo survey finds
German business sentiment unexpectedly falls in September, Ifo survey finds
Sep 24, 2025
BERLIN, Sept 24 (Reuters) - German business morale unexpectedly declined in September, a survey showed on Wednesday. The Ifo institute said its business climate index decreased to 87.7 in September from 88.9 in August. Analysts polled by Reuters had forecast a reading of 89.3. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved