US Futures Rise Ahead of Key Data and Trump China Visit
S&P 500 and Nasdaq futures recovered on Wednesday as markets focused on upcoming producer price index figures and President Trump's diplomatic mission to Beijing. Morgan Stanley raised its 2026 year-end target for the S&P 500 to 8,000 points while chip stocks stabilized after a previous selloff.
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S&P 500 and Nasdaq 100 futures rose 0.22% and 0.69% on Wednesday morning as tech shares recovered. The rebound follows record highs on Tuesday before sharp April inflation data triggered a market pullback. Investors are now weighing a potential Fed leadership shift and high-stakes trade talks in China.
