Stock futures rise after Trump eases tariffs on tech products

U.S. stock futures increased on Sunday night after the Trump administration announced that certain tech products will face a much lower tariff than the massive levy he has imposed on Chinese imports.

Dow futures were up 0.3%, or 123 points, while S&P 500 and Nasdaq futures saw even bigger gains of 0.7% and 1.06%, respectively, as of 9:50 p.m. Asian markets also saw a jump at market open, with Japan‘s Nikkei 225 index rising 1.27% and South Korea’s Kospi index rising 0.84%.