India, June 27 -- The major U.S. index futures are currently pointing to a higher open for the markets on Friday, with the S&P 500 and the Nasdaq poised to reach new record highs.
Optimism about new trade deals may contribute to early buying interest after President Donald Trump indicated the U.S. has signed an agreement with China.
A White House official later clarified that the U.S. and China have agreed to "an additional understanding of a framework to implement the Geneva agreement."
A spokesperson for China's Ministry of Commerce subsequently said the two sides have "confirmed the details of the framework."
The spokesperson said Washington would lift "restrictive measures," while Beijing would "review and approve" items under expor...