Nasdaq 100 Futures Jump Nearly 1% on US-China Trade Deal News

Markets rally following headlines of a US-China trade agreement, with the S&P 500 approaching its historic 7,000-point milestone.

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Terms & Concepts
  • Futures: Financial contracts obligating the buyer to purchase, or the seller to sell, an asset at a predetermined future date and price.
  • Nasdaq 100: A stock market index that includes 100 of the largest non-financial companies listed on the Nasdaq Stock Market.
  • S&P 500: A benchmark U.S. stock market index tracking the performance of 500 large companies listed on stock exchanges.