Why did S&P 500 and Nasdaq futures rise on Wednesday despite recent market losses?

S&P 500 and Nasdaq futures rose on Wednesday as investors awaited crucial economic data—including producer price index (PPI) and upcoming retail sales figures—and U.S. President Donald Trump’s high-stakes visit to China, even amid dimming hopes for a lasting Iran peace deal and ongoing concerns about inflation and Fed policy shifts.

What key economic and geopolitical developments are influencing U.S. markets ahead of Trump’s China trip?

Markets are reacting to multiple concurrent developments: Trump’s upcoming summit in Beijing—where he plans to press President Xi Jinping to 'open up' China to U.S. businesses and has added Nvidia CEO Jensen Huang to his delegation; potential extension of a truce on Chinese rare earth export curbs; stalled Iran talks, with Trump stating he won’t ask Xi for help resolving the conflict; falling oil prices offering short-term relief; and heightened focus on PPI data and retail sales to gauge inflationary pressures and consumer resilience amid rising energy costs.

S&P 500, Nasdaq futures rise ahead of key data, Trump's China visit

May 13, 2026

US stock futures rose ahead of key data and Trump's China visit, where rare earth export curbs were discussed. Oil prices fell while investors monitor Federal Reserve policy shifts amidst rising inflation pressures.

reuters

2026-05-13

S&P 500, Nasdaq futures rise ahead of key data, Trump's China visit

S&P 500, Nasdaq futures rise ahead of key data, Trump's China visit

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