United States – Rally Term After Trump Muffles Huawei's Rhetoric by Investing.com

Investing.com – US futures have signaled a wider opening on Wall Street Friday after US President Donald Trump mitigated his attacks on Huawei.

Trump told reporters that if a trade deal were made with China, Huawei – which he still described as "very dangerous" – could be included in one form or another. The news has allayed investors' fears of a technological cold war between Washington and Beijing.

increased by 165 points or 0.7% at 06:52 ET (10:52 GMT), while techno-heavy gains 42 points or 0.6% and is up 18 points or 0.6%.

Facebook (NASDAQ 🙂 rose 0.8% after announcing the removal of 3.4 billion fake accounts, while Tesla (NASDAQ 🙂 gained 3.2% and Qualcomm (NASDAQ 🙂 rose 0, 1%, after losing 16% this week.

Amazon.com (NASDAQ 🙂 was up 0.9% while it was trying to attract Premium members on its one day shipping service with warehouse discounts going up up to 75%.

Elsewhere, Autodesk (NASDAQ :). fell 7.9% while Foot Locker (NYSE 🙂 fell 10% after missing first-quarter earnings, while software services company Splunk (NASDAQ 🙂 fell 2.2% even after posting better-than-expected results.

The economic calendar is sparse, orders are placed at 8:30 ET (12:30 GMT).

In commodities, it rebounded 1.1% to settle at 58.57 dollars a barrel after losing 6% Thursday, while it was down 0.3% to 1280.85 dollars troy ounce. The, which measures the greenback against a basket of six major currencies, fell 0.1% to 97.650.