US Stock Futures Recover Despite Escalating Trade Conflict

In a surprising turn of events, United States stock futures reversed their earlier losses on Friday, moving into positive territory. This shift occurred even as the trade conflict between the US and China intensified, with Beijing raising tariffs on US goods from 84% to 125%.

Market Movements at a Glance

By 6:00 am ET, the Dow Jones futures had climbed 0.57%, or 227 points. Similarly, the Nasdaq 100 futures saw an increase of 0.84%, and the S&P 500 futures improved by 0.77%. Meanwhile, the euro strengthened against the dollar, trading 1.58% higher at $1.13762 by 5:54 am ET.