U.S. stock index futures mirrored a rally in global stocks on Monday after a sur...
- U.S. stock index futures mirrored a rally in global stocks on Monday after a surprise recovery in China factory activity and further hints of progress in U.S.-China trade talks.
Wall Street ended the first quarter on a high note on Friday, with the S&P 500 logging its best quarter since 2009 as investors bet the United States and China will strike a deal to end their protracted trade war.Technology stocks, which were the best performer among the 11 major S&P sectors with a 19.4 percent gain last quarter, were again set to boost Wall Street at the open.
Investors took heart from a survey showing factory activity in China unexpectedly grew for the first time in four months in March, while looking past bleak euro zone data. Investors will be watching this week’s economic data after a dismal February jobs report and recessionary signals from U.S. Treasury yields.
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