US Stock Futures Rise As US, China Agree To 90-Day Tariff Pause: 'Wider Earnings Growth Should Drive More Balanced Market Performance,' Says Expert

US Stock Futures Rise As US, China Agree To 90-Day Tariff Pause: 'Wider Earnings Growth Should Drive More Balanced Market Performance,' Says Expert

U.S. stock futures climbed over 2 premarket Monday after the U.S. and China announced a 90-day tariff truce, according to Benzinga. The SPDR S&P 500 ETF Trust rose 2.74, and the Invesco QQQ Trust ETF gained 3.81 in premarket trading on Monday. Cyclical sectors advanced Friday while defensive and tech-related sectors declined. Ninety percent of S&P 500 companies have reported strong quarterly results relative to expectations, according to Edward Jones strategist Brian Therien. He said wider earnings growth supports more balanced sector performance and makes a strong case for portfolio diversification. Charles Schwab maintained “Market perform” ratings across all sectors due to ongoing tariff uncertainty.


User: Benzinga

Views: 466

Uploaded: 2025-05-12

Duration: 01:05

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