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Futures Rally as US President Donald Trump Delays March 1 Deadline for Tariffs on Chinese Imports

US stock futures were gaining ground Monday as positive developments on the US-China trade front fueled investors' appetite for risk. On Sunday, US President Donald Trump said he would delay the March 1 deadline for harsher tariffs against China, sending the Shanghai stock index skyrocketing to its highest level in eight months and driving S&P 500 futures over 2,800.

At 8:30 am ET, the Chicago Fed will release the January national activity index, expected to fall back to 0.13 from 0.27 in December.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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