U.S. Stock Futures Rebound as Trump Calms China Trade Tensions

U.S. stock futures surged Sunday evening, rebounding after last week’s steep losses, as investors reacted positively to President Donald Trump’s reassuring comments on trade relations with China. The recovery offered relief after fears of a deepening trade war had rattled Wall Street.

At 19:43 ET (23:43 GMT), S&P 500 Futures climbed 1.1% to 6,665.50, Dow Jones Futures rose 0.7% to 46,027.0, and Nasdaq 100 Futures jumped 1.6% to 24,781.0 points. The gains came after Trump struck a conciliatory tone, saying on social media, “Don’t worry about China, it will all be fine,” and adding that the U.S. aims to “help China, not hurt it.” His remarks hinted that negotiations between the world’s two largest economies may continue despite recent tensions.

The optimism followed a turbulent Friday when U.S. markets saw their worst single-day decline in six months. The Dow fell 1.9%, the S&P 500 dropped 2.7%, and the Nasdaq tumbled 3.6%, with technology and semiconductor stocks leading losses. The sell-off was triggered by Trump’s announcement of a 100% tariff on all Chinese imports and new export controls on sensitive U.S. software—measures that Beijing quickly criticized, warning of “all necessary countermeasures” if Washington proceeds.

Despite Sunday’s rebound, market sentiment remains cautious. China’s Commerce Ministry reiterated its readiness to defend its interests, emphasizing that it is “not afraid” of a trade confrontation. Meanwhile, the ongoing U.S. government shutdown—now in its second week—continues to weigh on economic confidence, delaying vital data releases ahead of the Federal Reserve’s October 28–29 meeting.

Adding to the week’s focus, the U.S. earnings season kicks off with major banks leading the charge. Citigroup, JPMorgan Chase, Wells Fargo, and Goldman Sachs report Tuesday, followed by Bank of America and Morgan Stanley on Wednesday. Investors will watch results closely for signs of resilience amid global trade uncertainty and domestic political gridlock.