You are here: Home » Reuters » News
Business Standard

Wall Street poised for gains as trade concerns take a back seat

Reuters 

By Sruthi Shankar(Reuters) - U.S. stock futures pointed to opening gains for Wall Street on Monday after healthy U.S. jobs data last week helped investors look past rising trade tensions between the United States and China.Chipmakers Micron and Advanced Micro Devices rose more than 1.5 percent in premarket trading, as trade fears eased. A host of Chinese companies with listings on U.S. bourses, Alibaba, JD.com and Baidu also climbed after KeyBanc recommendations on the stocks.The United States and China engaged in tit-for-tat tariffs on Friday, both countries imposing duties worth $34 billion ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Mon, July 09 2018. 18:17 IST
RECOMMENDED FOR YOU