China said it wished to resolve its protracted trade dispute

Posted on August 29, 2019

Stock futures rose 200 points, indicating a positive open of more than 230 points. Futures on the S&P and Nasdaq were both higher, reversing earlier losses.

China’s commerce ministry reportedly said Thursday that it was opposed to escalating trade tensions. China wish to resolve its protracted trade dispute appeared to calm investor concerns at a time when many are worried about the possibility of a global recession.