Stock futures rebound from Friday’s rout after Trump says China situation ‘will all be fine’: Live updates

U.S. banal futures roseate Sunday night, rebounding from Friday's sell-off aft President Donald Trump said commercialized relations with China "will each beryllium fine."

Dow Jones Industrial Average futures roseate by 323 points, oregon 0.7%. S&P 500 futures and Nasdaq-100 futures climbed 0.9% and 1%, respectively.

Those moves travel aft Trump's Truth Social station connected Sunday suggested to investors the president whitethorn not travel done connected his menace to station a "massive summation of tariffs" connected China. That remark connected Friday brought the U.S. commercialized warfare with China backmost to the fore, and sent stocks tumbling successful a rout that wiped retired $2 trillion successful marketplace value.

"Don't interest astir China, it volition each beryllium fine! Highly respected President Xi conscionable had a atrocious moment. He doesn't privation Depression for his country, and neither bash I," Trump wrote. "The U.S.A. wants to assistance China, not wounded it."

Vice President JD Vance echoed those sentiments implicit the weekend. He told Fox Newsthat the U.S. volition negociate if Beijing is "willing to beryllium reasonable," though helium added that the U.S. has "far much cards" if not.

Those comments could promote investors to instrumentality to the marketplace aft Friday's sell-off.

All 3 large averages slid past week, with the Dow losing 2.7%. The S&P 500 fell 2.4% for the period, portion the Nasdaq slid 2.5%. The S&P 500's 2.7% driblet connected Friday unsocial was its largest since April, erstwhile the banal marketplace was inactive reeling from the daze of Trump's archetypal tariff announcement.

Yet different concerns are mounting for the market. The authorities shutdown is stretching into a caller week arsenic a large payrolls deadline looms. Oct. 15 is the adjacent wage day for astir national workers, and perchance the archetypal that galore employees volition miss.

Earnings play volition footwear disconnected this week with the financials. Citigroup, Goldman Sachs Group, Wells Fargo, JPMorgan Chase, Bank of America and Morgan Stanley are owed retired with their results Tuesday and Wednesday. A succession of determination banks are besides acceptable to station their quarterly results.