Dow Jones Industrial Average futures were up by 55 points, indicating a gain of 21 points at the open. S&P 500 and Nasdaq 100 futures also pointed to slight gains.

Trade optimism, coupled with the increasing likelihood of easier monetary policy from the Federal Reserve, sparked a massive rally this month. The major indexes came into Monday’s session up more than 7% each in June. Those gains erased a massive sell-off in May, which was fueled by China and the U.S. hiking tariffs on each other’s products.

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