Nasdaq set to lead stock market rebound after Trump U-turn on EU tariff

  • US futures surged higher after the long weekend, led by tech stocks, after Donald Trump agreed to delay an extra tariff on European imports until July 9 to allow time for trade negotiations.  Futures for the tech-powered Nasdaq 100 were up 1.5%, while S&P 500 futures rose 1.4% and those for the Dow Jones climbed 1.2%.