Stocks rebound as report of U.S.-China trade talks improves mood

Stocks rebound as report of U.S.-China trade talks improves mood

Stocks rebound as report of U.S.-China trade talks improves moodU.S. stock futures led global shares higher on Monday after reports that the United States and China have quietly started negotiations to improve U.S. access to Chinese markets eased fears of a trade war between the two economic giants. E-Mini futures for the S&P 500 leaped more than 1 percent while Japan’s Nikkei erased earlier losses of 1.3 percent to end 0.7 percent higher. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.4 percent, flipping back to positive territory from a 0.5 percent fall.