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US stock futures soar as dip buyers emerge after selloff

Natalia Kniazhevich / Bloomberg
Natalia Kniazhevich / Bloomberg • 3 min read
US stock futures soar as dip buyers emerge after selloff
S&P 500 futures gained 2.7% as of 8:10 a.m. Tuesday in New York, while contracts on the Nasdaq 100 advanced 2.6%. Photo: Bloomberg
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US stocks rallied in premarket trading after a three-day selloff that wiped out more than US$5 trillion ($6.75 trillion) of value in US equities. 

S&P 500 futures gained 2.7% as of 8:10 a.m. Tuesday in New York, while contracts on the Nasdaq 100 advanced 2.6%. Both underlying gauges swung wildly early Monday before ending the day relatively little changed. Nvidia Corp is up 4.30%, leading the Magnificent Seven stocks higher.

Japan is expected to get priority in US tariff talks, ahead of other countries seeking to roll back President Donald Trump’s reciprocal duties. Treasury Secretary Scott Bessent said up to 70 counties asked to negotiate tariffs and solid proposals may lead to good deals.

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