Market sentiment is largely linked to U.S.-China trade relations

Posted on November 4, 2019

Dow futures rose 56 points, indicating a positive open of more than 35 points. Futures on the S&P and Nasdaq were both seen also higher.

Market sentiment is largely linked to U.S.-China trade relations. U.S. Commerce Secretary Wilbur Ross said that American firms would be granted licenses to sell to Huawei “very shortly.” Meanwhile, a strong U.S. jobs report out Friday also supported risk appetite with stocks in Asia trading higher overnight.