"Obviously, equities are yielding more than bonds here and that's the game that everybody has to play," said David Clott, a co-portfolio manager of the $1.3 billion Westwood Income Opportunity fund. "The low yields in the fixed-income market are making you take risk elsewhere."
NEW YORK: U.S. equity futures rose when trading resumed on Sunday after the United States and Mexico struck a deal late Friday to avert a tariff war, with Mexico agreeing to meet U.S. demands to stem the flow of illegal Central American migrants.
U.S. President Donald Trump had threatened to impose 5% import tariffs on all Mexican goods starting on Monday if Mexico did not commit to do more to tighten its borders.
S&P 500 e-mini futures were up 0.62% at 6:12 p.m. EDT (2212 GMT) on volume of 16,610 contracts. - Reuters
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