U.S. stock futures up slightly amid growing tensions with China

U.S. stock index futures made slight gains late Sunday amid rising tensions between the U.S. and China. As of 11:30 p.m. Eastern, Dow Jones Industrial Average futures
were up 70 points, or 0.3%, while S&P 500 futures

and Nasdaq-100 futures

tracked similarly. U.S. equity markets are closed Monday for the Memorial Day holiday. Stocks were little changed on Friday but for the week, the Dow

climbed 3.3%, the S&P 500

advanced 3.2% and the Nasdaq Composite

rose 3.4%. Traders are keeping an eye on how the U.S. and other global economies are faring as businesses gradually reopen from coronavirus-related shutdowns. But new tensions between the U.S. and China have risen, with a top White House aide saying Sunday that the U.S. may sanction China if a bill limiting Hong Kong’s autonomy is approved.

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