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US Futures on Green powered by positivism around the US-China deal

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Futures show a positive start of the session on Monday, mainly on the basis of rising positivism about a possible deal between US-China at the end of this month. Expectations are that Trump and Xi Jinping are likely to sign a formal agreement around March 27, according to the Wall Street Journal.

S & P 500 will open 0.27% on green, Dow is up 0.28% and NASDAQ got 0.45% increase.

Among the most sensitive shares of the tariff agreements are Boeing (BA.US), which rose by 0.8%, as well as chip manufacturers Intel Corp (INTC.US), Advance Micro Devices (AMD.US) and Micron Technologies (MU. US), which rose between 0.5% and 0.7% before the start of the session.

Premarket:

Kraft Heinz (KHC.US) will open 2.2% green after receiving support from Morgan Stanley's analysts.

Tesla (TSLA.US) will open green by 0.9% after the new Y model, which will be released on March 14th.

Amid a slew of economic data expected this week, investors will be closely watching the February non-farm payrolls report due on Friday to gauge the strength of the U.S. labor market.


 Trader Velizar Mitov

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