Futures in pre-market session up again

30.10.2018 / 14:37

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Futures have fallen from the bottom after Monday's collapse. DOW was able to regain losses from the bad day as it was one of the most losing days for the indexes this month. October is the worst month for more than 8 years. The S & P500 closed in Monday's correction territory.

In the pre-market, DOW's futures showed indicative opening of the index by about 150 points up. S & P500 and NASDAQ futures are also showing upwards.

The bullish attitude is caused by comments by US President Donald Trump that they could conclude a "huge" deal with China. This was followed by a report Monday that the US is planning to impose new tariffs at the earliest in December. This will happen if the talks between Trump and Chinese President Xi Jinping fail.

Trader Martin Nikolov

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Futures in pre-market session up again

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