Stock Market Today: Stock Rise on Hope for Resumption of Trade and Data Winds

Futures are up in European and US markets today on the strength of improved trade sentiment and good regional economic news. European markets are to rise in the day ahead: Germany’s DAX is 0.3% higher to 24,104, France’s CAC 40 is up 0.3% to 7,709, Italy’s FTSE MIB is 0.2% higher to 39,911, while London’s FTSE 100 is to open flat at 8,794. In the US, stock markets are also to gain further momentum: S&P 500 futures are 0.4% higher, Nasdaq 100 futures are up 0.55%, and Dow futures are up 253, or 0.57%. The stronger positioning comes after last month’s rally on the back of easing tariffs concerns and stabilizing macroeconomic indicators.