Market Snapshot: U.S. stocks poised to rally to as news of U.S.-China trade talks swirl

U.S. stocks on Friday appeared set to rise as investors kicked off trade in March, with early action colored by news that trade negotiations between Beijing and Washington may conclude as soon as two weeks.

How are benchmarks faring?

Futures for the Dow Jones Industrial Average YMH9, +0.70% gained 168 points, or 0.7%, to reach 26,082, while those for the S&P 500 index ESH9, +0.63% gained 15.55 points to 2,800.75, a rise of 0.7%. Nasdaq-100 futures NQH9, +0.71% advanced 47.25 points, or 0.7%, to 7,148.

On Thursday, the Dow DJIA, -0.27% fell 69.16 points, or 0.3%, to 25,916; the S&P 500 index SPX, -0.28% shed 7.89 points, or 0.3%, to 2,784.49; and the Nasdaq Composite Index COMP, -0.29% declined 21.98 points, or 0.3%, to 7,532.53.

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