FX.co ★ US Futures Rally Strongly

On Monday, US stock futures made a significant upward movement, with the S&P 500 contracts increasing by 1.3%, the Nasdaq 100 surging by 1.9%, and the Dow Jones rising by over 400 points. This recovery follows Friday's sharp declines, which marked the S&P's most significant single-day drop since April. Investors seem to have temporarily set aside concerns over the escalating US–China trade dispute, highlighted by Washington's threat of increased tariffs in reaction to Beijing's rare earth export restrictions. Over the weekend, President Trump offered a more conciliatory message, asserting that the "China situation will all be fine." As the earnings season begins this week, major US banks are poised to announce their quarterly results. At the same time, the federal government shutdown has entered its third week, amid expectations of further delays in data releases. Among the major tech companies, there were widespread gains: Nvidia rose by 3.5%, Microsoft by 1.5%, Apple by 1.7%, Amazon by 2.0%, Meta by 1.6%, Alphabet by 1.7%, Broadcom by 3.4%, and Tesla by 2.8%.