U.S. stock futures experienced a significant surge following a groundbreaking announcement of reduced tariffs between the United States and China. This 90-day truce raises hopes for improved trade relations as markets prepare for key economic indicators.

Futures Overview

• Dow Futures: +785 points (+1.9%)
• S&P 500 Futures: +142 points (+2.5%)
• Nasdaq 100 Futures: +689 points (+3.4%)

Investor confidence returns as markets welcome this new trade climate.

Details of Tariff Reductions

• Reduced U.S. Tariffs: Cut from up to 145% to just 30%
• Chinese Levies: Dropped from 125% to 10%
• No New Tariffs for New 90 Days: Fostering the potential for further discussions

Upcoming CPI Data

Investors focus on April’s Consumer Price Index, due for release this Wednesday, as economists predict a 2.4% year-over-year increase.

Key Questions to Follow

1. What specific products will benefit from the tariff cuts?
2. How will the CPI figure influence market sentiment?
3. What impact will pharmaceutical pricing policies have on market trends?

Overall market dynamics shift at the intersection of trade and inflation data.