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Market Snapshot: Dow futures up 200 points as trade tensions show signs of cooling

U.S. stocks were poised to rebound on Monday, after logging their worst weekly performance in more than two years. The gains were spurred by reports that the U.S. and China officials are conducting behind-the-scenes talks to avert a global trade war.

A handful of Federal Reserve speakers may capture attention as well, as a holiday-shortened week of trading kicks off.

What are the main benchmarks doing?

Dow Jones Industrial Average futures YMM8, +1.24% rose 213 points, or 0.9%, to 23,818, while S&P 500 futures ESM8, +1.35% gained 25.20 points, or 0.9%, to 2,623. Nasdaq-100 futures surged 81.75 points, or 1.3%, to 6,636.

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