Stock futures jump on US-China trade progress

US Stock Exchange futures jumped ahead of Monday's open as investors responded to US-China progress on the G20, as well as the historic meeting between President Trump and North Korea's leader Kim Jong Un.

Along with the broader averages, semiconductor wires are likely to see early gains.

Trump's visit comes one day after attending the G20 summit in Japan, where he met Chinese President Xi Jinping to push the trade deal in the midst of the two country's deadwaters. He has also cut a temporary deal with Chinese tech giant Huawei, allowing US vendors to sell components to the company.


On Sunday, Trump said he and Kim agreed to resume deuclearisation discussions in the coming weeks, four months after conversations settled during the second US and North Korea Summit in Vietnam.

Additional gains coming from July will continue the star performance in the first half and the strongest month for stocks for decades.

Dow Jones Industrial Average jumped 7.2 percent jumps, best since 1938, S & P 500 rose 6.9 percent, the strongest June since 1955 and Nasdaq 7.4 percent – the best show since 2000 tracked by Dow Jones Market Data Group. 19659002] US investors are entering a shortened holiday week with markets closing early Wednesday at 13:00 ET and full closing on Thursday to celebration on July 4th.

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