U.S. stock futures held steady Tuesday evening following a positive close for the S&P 500 and Nasdaq, driven by easing inflation and optimism over the U.S.-China trade deal. S&P 500 Futures edged up 0.1% to 5,908.0, Dow Jones Futures gained 0.1% to 42,265.0, while Nasdaq 100 Futures hovered near flat at 21,290.50.
Earlier in the day, the S&P 500 climbed 0.7% and the Nasdaq surged 1.6%, fueled by a softer-than-expected April CPI reading. Meanwhile, the Dow dipped 0.6%, pressured by an 18% drop in UnitedHealth (NYSE:UNH) after it withdrew its full-year outlook and CEO Andrew Witty announced his resignation amid rising medical costs.
The consumer price index rose 2.3% year-over-year in April, slightly below forecasts of 2.4%. Month-over-month inflation came in at 0.2%, under the expected 0.3%, and core inflation also rose just 0.2%, easing pressure on the Federal Reserve to tighten policy.
Adding to market cheer, the U.S. and China agreed to a 90-day reduction in tariffs. The U.S. will slash tariffs on Chinese goods from 145% to 30%, while China will cut its own from 125% to 10%. Lower trade tensions are seen as supportive of economic growth and may reduce inflationary risks.
Nvidia (NASDAQ:NVDA) jumped 5.6% after confirming a major AI chip sale to Saudi firm Humain for a planned 500 MW data center. Boeing (NYSE:BA) rose 2% as China lifted a ban on plane deliveries. Coinbase (NASDAQ:COIN) surged ahead of its May 19 inclusion in the S&P 500, while Under Armour (NYSE:UAA) gained on strong quarterly revenue.


Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength
Thailand Inflation Remains Negative for 10th Straight Month in January
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 



