U.S. stock futures rose on Monday following Friday’s sell-off. Futures of major benchmark indices were higher.
Magnificent 7 stocks surged in premarket following President Donald Trump‘s de-escalation on Sunday, saying, "Don’t worry about China, it will all be fine," adding that the "Highly respected President Xi just had a bad moment."
Asian markets tumbled in trade on Monday, with major Chinese technology and auto stocks falling sharply in trade in Hong Kong.
