India, May 9 -- Optimism about potential trade deals between the U.S. and its trading partners significantly improved market sentiment. The U.S.-U.K. trade deal as well as strong trade data from China also bolstered sentiment. Positive updates to corporate earnings also supported markets.

Wall Street Futures are trading above the flatline. Major markets in Europe are trading on a positive note. Asian markets finished trading on a mostly positive note. The six-currency Dollar Index declined. Bond yields hardened across regions. Hopes of easing in trade tensions lifted crude oil prices. Gold rebounded after Thursday's plunge. Cryptocurrencies surged ahead. Here is a snapshot of the major world markets at this hour.

Stock Indexes:

DJIA (US3...