India, May 9 -- After moving mostly higher over the two previous sessions, stocks may see some further upside in early trading on Friday. The major index futures are currently pointing to a modestly higher open for the markets, with the S&P 500 futures up by 0.3 percent.
Optimism about a potential U.S.-China trade deal may contribute to initial strength on Wall Street ahead of Treasury Secretary Scott Bessent's talks with Chinese officials in Switzerland this weekend.
A Bloomberg report citing people familiar said the U.S. is hoping to slash its China tariffs to below 60 percent from the current level of at least 145 percent during the weekend talks.
President Donald Trump suggested in a post on Truth Social that he supports lower tariff...