(Reuters) – U.S. stock index futures indicated gains at the open on Tuesday, as optimistic comments from Washington and Beijing took the edge off market concerns about a further escalation in trade war.
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 13, 2019. REUTERS/Brendan McDermid
The prospects of global economy being derailed by the United States and China sliding into a fiercer, more protracted dispute had rattled investors on Monday after China announced plans to hit back with tariffs on U.S. goods.
Wall Street witnessed one of its worst selloffs this year in the previous session, with the S&P 500 and the Dow recording their largest percentage drops since Jan. 3 and the tech-heavy Nasdaq logging its