Stock Futures Rally as Trump Softens on Fed and Ch…

From Financial Modeling Prep: 2025-04-23 02:34:00

U.S. stock index futures surged after Trump softened his stance on Powell and hinted at easing China tariffs. S&P 500, Nasdaq 100, and Dow Jones futures rose 1.7-2.2%, paving the way for a potential rally. Trump reassured Fed independence by clarifying he won’t fire Powell. Pressure for rate cuts eased with toned-down criticism. Trump signaled a reduction in China tariffs, citing healthy trade relations. Treasury Secretary Bessent’s comments supported hopes for de-escalation. Tesla shares rose 5.1% after Musk’s commitment to core EV business. Despite Q1 misses, investors rewarded the focus on operations. Watch for Flash PMIs, Fed speeches, and trade negotiations for market direction. Stay updated on active futures and sector contracts with the Market Most Active Market Overview API for real-time data on top-traded futures.



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