S&P 500 Futures Soar as China Trade Rhetoric Softens: Market Wrap
October 13, 2025
US equity-index futures surged and oil prices rebounded following President Donald Trump's indication of a potential deal with China, easing market anxiety after a sharp escalation in trade tensions. This shift in sentiment came as Trump threatened tariffs of up to 100% on Chinese exports in response to Chinese export controls.
Contracts for the S&P 500 and the Nasdaq 100 indexes experienced a significant jump of over 1% as the administration's tone softened. Treasury futures dropped, oil prices rose by more than 1%, and cryptocurrencies stabilized after a sell-off on Friday. Silver prices swung near a record high due to a historic short squeeze in London and ongoing trade tensions, while gold set a new peak.
This market reaction highlights the significant impact of political rhetoric on global financial markets, demonstrating how a shift in leadership's stance can rapidly alter investment strategies and asset prices.