US stock futures held steady after a strong trading session on Wall Street, where the S&P 500 erased its losses for 2025.

Stock futures rose Sunday after Treasury Secretary Scott Bessent said “substantial progress” was made in trade negotiations with Chinese officials, potentially thawing tensions kickstarted by Trump’s escalating tariff policy.

Stock market futures in the U.S. surged on Monday as the U.S. and China agreed to temporarily de-escalate their trade war.

US-China trade truce euphoria is giving way to worry over economic slowdown in the wait for the latest US consumer inflation report

U.S. stock futures soar after U.S. and Chinese officials announce a 90-day lowering of tariffs, tech stocks surge on the trade deal, and pharmaceutical stocks sink as President Donald Trump says he'll slash prescription drug costs.

In a sign of investor relief that the worst of a U.S.-China trade war might be averted, U.S. stock futures rose on Sunday evening. The S&P 500 E-minis rose 1.3%, while Nasdaq futures added 1.6%.

U.S. futures surged after the U.S. and China announced they were suspending for 90 days most of the sharp tariff hikes each has imposed since U.S. President Donald Trump began escalating his trade war

Wall Street stock futures jumped and the dollar firmed against safe haven peers on Monday as signs of progress in U.S.-China trade talks boosted hopes a global recession might be avoided, though details of any deal were still to come.

U.S. Trade Representative Jamieson Greer, left, and U.S. Secretary of the Treasury Scott Bessent take part in a press conference after two days of closed-door discussions on trade between the United States and China, in Geneva, Switzerland, Monday, May 12, 2025. (Jean-Christophe Bott/Keystone via AP) AP