US stock futures extend gain on China’s tariff olive branch

Contracts on the S&P 500 Index expiring in March climbed 0.6% as of 2:50 p.m. in Tokyo. E-mini futures on the Nasdaq 100 Index advanced 0.7%, while those on the Dow Jones Industrial Average gained 0.7%.

TOKYO: US stock futures rose, extending gains in Asian afternoon trading, after China said it will halve tariffs on some $75 billion of imports from the US starting Feb 14.

Contracts on the S&P 500 Index expiring in March climbed 0.6% as of 2:50 p.m. in Tokyo. E-mini futures on the Nasdaq 100 Index advanced 0.7%, while those on the Dow Jones Industrial Average gained 0.7%.