Futures Steady as Markets Eye US-China Trade Talks and S&P Nears Record Highs – Europe Market Wrap

Stock futures held firm on Monday as investors set out to monitor talks between the US and China in London for signs that trade tensions between the two biggest economies might be cooling. The dollar fell.

S&P 500 contracts were little changed after the main gauge broke through the 6,000 level for the first time since February at the end of last week. Chinese shares trading in Hong Kong entered a bull market. European stocks barely budged, while a gauge for emerging-market equities was set for its highest close in more than three years.

The US stock benchmark is nearing all-time highs after shaking off the volatility that followed President Donald Trump’s sweeping tariff announcements two months ago. Still, traders are searching for catalysts for sustained advances, as the full economic impact of the trade war has yet to fully manifest and key trade-related questions remain unresolved.