RSS US stock futures perk up after report that Trump won't impose tariffs

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 RSS US stock futures perk up after report that Trump won't impose tariffs

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US equity markets won't open today due to the MLK holiday but indications are good for tomorrow with S&P 500 futures up 29 points.

Futures were lower before the report saying that Trump won't impose tariffs today but instead will issue a memo to study trade practices.

If anything, I suspect this 0.5% move is much too small for the news. That said, it only takes a quick denial from Trump to reverse this, which is what the market is worried about.

This article was written by Adam Button at www.forexlive.com.
 
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