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Stock market today: Live updates
Traders work on the floor at New York Stock Exchange American at the New York Stock Exchange in New York City, U.S., April 10, 2025.
Jeenah Moon | Reuters
Stock futures were little changed on Monday night, following a winning session in which the major averages recovered a chunk of their losses suffered at the end of last week.
Dow Jones Industrial Average futures ticked higher by just 19 points. S&P 500 and Nasdaq-100 futures hovered just below the flatline.
The S&P 500 and Dow each jumped more than 1% on the day, marking the former’s biggest one-day gain since May 27. The broad market index also clawed back more than half of Friday’s steep decline. The Dow had its best day since Sept. 11, broke a five-day losing streak and recovered two-thirds of Friday’s losses.
The moves came after a Truth Social post from President Donald Trump eased investor worries about growing trade tensions between China and the U.S. “Don’t worry about China, it will all be fine,” Trump’s Sunday post said.
That sent tech stocks such as Oracle, AMD and Nvidia up broadly, leading the market higher. The tech-heavy Nasdaq notched a more than 2% gain.
“Trade policy remains a key driver for US financial markets this year, and last week saw a sharp re-escalation in tensions between the US and China,” Ulrike Hoffmann-Burchardi, global head of equities at UBS Global Wealth Management, said in a note. “With hardened positions on both sides, we expect increased equity market volatility into the end of the month. However, the history of Trump-Xi negotiations suggests that escalation is often followed by tactical truces, and rare earth minerals versus shipping fees could ultimately seal a deal.”
Investors on Tuesday will look to keep this momentum going, as major banks such as JPMorgan Chase and Goldman Sachs are set to report third-quarter earnings.
