Sunday night, U.S. stock futures jumped after President Trump posted comments suggesting the U.S. and China could work things out, lifting risk assets; Dow futures at one point rose by about 434 points and S&P and Nasdaq futures climbed more than 1%.
Market movers: stocks that bore the brunt of the Friday rout bounced — AMD, NVIDIA and Oracle were cited among names with notable premarket gains — as traders priced lower odds of a full tariff escalation disrupting the AI and semiconductor supply chains.
Macro and corporate calendar: earnings season starts this week with the big banks — Citigroup, Goldman Sachs, Wells Fargo, JPMorgan Chase, Bank of America and Morgan Stanley — which investors hope will provide reassurance on credit and fee trends.
Policy and regional reaction: Asian bourses reacted nervously earlier in the session, with benchmarks in Hong Kong and Taiwan down after the initial tariff threats, highlighting persistent geopolitical fragility that could still rattle markets if rhetoric heats up again.
Why it matters: the move shows how sensitive markets remain to U.S.–China signals — a conciliatory comment can quickly restore risk appetite, but underlying uncertainty means volatility could return if negotiations derail.
