U.S. stock index futures pointed sharply higher early Monday, suggesting a potential recovery at the opening bell after the steep declines recorded on Friday. Investors may seize the opportunity to buy shares at cheaper levels following the previous session’s sharp sell-off.

The Dow Jones Industrial Average, S&P 500 and the NASDAQ Composite indices were knocked down badly on Friday. The Dow Jones fell 1.9 per cent. The S&P 500 and NASDAQ Composite indices were down 2.7 per cent and 3.5 per cent, respectively.

The premarket trading in the US indices all look strong at this point, as the tensions between the USA and China seem to be abating a bit.

U.S. stock futures climbed on Monday as President Donald Trump struck a less confrontational tone toward Beijing over the weekend, helping ease fears of an escalating trade conflict. While he recently threatened steep tariffs,

Barclays analyst Jason Goldberg expects third-quarter results to show “higher net interest income (NII), increased fees, positive operating leverage and continued share buyback,” with median bank EPS seen rising 12% year-on-year and slightly above the prior quarter.

The S&P 500 and Nasdaq Composite were on pace to reach all-time closing highs on Wednesday, while the Dow Jones Industrial Average went flat after the Federal Reserve's September meeting minutes underscored inflation risks.

Wall Street dropped to its worst day since April on Friday after Trump's threats of tariffs shattered its calm. The post Dow Drops 879, Nasdaq Sinks 820, S&P 500 Falls 183 appeared first on TV News Check.