Traders work on the floor of the New York Stock Exchange on September 11, 2025 in New York City, USA.
Brendan McDiarmid | Reuters
U.S. stock futures rose on Sunday night, rebounding from Friday’s decline after President Donald Trump said “everything will be fine” in trade relations with China.
Dow Jones Industrial Average Futures It rose by 358 points (0.8%). S&P500 futures and Nasdaq 100 futures They rose 1% and 1.2%, respectively.
The moves come after President Trump suggested to investors in a post on Truth Social on Sunday that the president might not follow through on his threat of “significant tariff increases” against China. Friday’s remarks brought the trade war between the U.S. and China back to the fore, sending stocks tumbling and wiping out $2 trillion in market capitalization.
“Don’t worry about China. Everything will be fine! Our esteemed President Xi Jinping just went through the worst of times. He doesn’t want to panic his country, and neither do I,” Trump wrote. “The United States wants to help China, not hurt it.”
Vice President J.D. Vance echoed similar sentiments over the weekend. He told Fox News that the U.S. will negotiate if Beijing is “trying to be reasonable,” but added that even if it isn’t, the U.S. has “much more cards to play.”
Such comments could prompt investors to return to the market after Friday’s selloff, especially in technology stocks that suffered the worst of the selloff. Many high-tech companies rely on rare earths from China to make things like semiconductors and electric cars.
“Tech stocks were the focus of the sell-off as investors worried that this situation with the U.S. and China was a major blow to the AI revolution narrative and a return to the dark days of April,” Dan Ives, global head of technology research at Wedbush Securities, said in a note on Sunday. “We believe the bark here will be much worse than the bite. President Trump and Xi Jinping should meet in the coming weeks to discuss some of these topics, and ultimately the overhang of the Nov. 1 tariff threat is likely to be resolved.”
All three major stock averages fell last week, with the Dow Jones Industrial Average dropping 2.7%. During this period, the S&P 500 fell 2.4% and the Nasdaq fell 2.5%. The S&P 500’s 2.7% decline on Friday alone was the largest since April, when the stock market was still reeling from the shock of President Trump’s first tariff announcement.
Other concerns are also growing in the market. The government shutdown extends into another week as a key payroll deadline approaches. October 15th is the next payday for most federal employees, and likely the first day many will be absent from work.
Earnings season kicks off with this week’s earnings announcements. Citigroup, Goldman Sachs Group Inc., Wells Fargo & Co., JPMorgan Chase & Co., Bank of America and Morgan Stanley are scheduled to report results on Tuesday and Wednesday. Regional banks are also scheduled to announce their quarterly results one after another.
