FX.co ★ US Futures Steady Following Strong Start to the Month

US stock futures remained largely unchanged on Tuesday following a positive start to the new trading month. In the regular session on Monday, the S&P 500 increased by 0.41%, the Nasdaq Composite advanced by 0.67%, and the Dow Jones Industrial Average nudged up by 0.08%. These market movements occurred despite escalating trade tensions between the United States and China. Beijing responded to President Donald Trump's allegations of violating a temporary trade agreement. Market participants are closely monitoring the situation, hoping for a possible discussion between Trump and Chinese President Xi Jinping this week, which could bring important clarity on trade issues. In parallel, the European Union criticized Trump's plan to increase steel tariffs to 50%, cautioning that such a measure might disrupt ongoing negotiations with the US. Investors are now focusing on significant economic data scheduled for release on Tuesday, including figures on job openings, durable goods, and factory orders. Additionally, earnings reports from companies such as Dollar General, Signet Jewelers, and Nio are also anticipated.