Futures up on trade deal hopes; tariff deadline closes in

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Futures up on trade deal hopes; tariff deadline closes in
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U.S. stock index futures rose on Friday on hopes that the United States and Chin...

- U.S. stock index futures rose on Friday on hopes that the United States and China could reach an initial deal to end their trade war after Washington set its terms for an agreement, just days before fresh levies on Chinese goods kick in.

The United States has offered to suspend some tariffs on Chinese goods and cut others in exchange for Beijing’s buying more American farm goods, U.S. sources said, although there has been no official announcement on the deal from either side. Still, a positive tone on trade so far helped Wall Street’s main indexes touch record levels on Thursday, while futures also hit all-time highs earlier in the session on Friday.

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