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Market Snapshot: Stocks climb on reports a trade deal will soon be finalized

U.S. stock futures climbed on Monday as investors cheered reports that a Sino-American trade deal was moving closer, with the two sides in the final stages of an agreement.

How did benchmarks fare?

Dow Jones Industrial Average futures YMH9, +0.28% rose 80 points, or 0.3%, to 26,110, while S&P 500 futures ESH9, +0.25% gained 8 points, or 0.3%, to 2,813. Nasdaq-100 futures NQH9, +0.44% gained 33.25 points, or 0.5%, to 7,189.25.

On Friday, the S&P 500 index SPX, +0.69% rose 0.7% to 2,803.69, closing above the 2,800 level for the first time since Nov.

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