US STOCKS-Futures surge as U.S.-China restart trade talks

U.S. stock index futures rose sharply on Monday, with chipmakers making handsome gains, as trade tensions between the United States and China eased after both sides agreed to restart talks. Futures jumped more than 1% when trading resumed on Sunday, with the S&P 500 e-minis and the Dow e-minis hitting record highs early Monday as investors returned to riskier assets following the truce. U.S. President Donald Trump offered concessions including no new tariffs and an easing of restrictions on Huawei Technologies Co Ltd in order to reduce tensions with Beijing.

Source: Yahoo.com