DailyEdge

US stock futures climbed on Friday amid signs of a potential truce in the acrimonious feud between President Trump and Elon Musk, with the crucial monthly US jobs report on deck.

On Wednesday, a US auto parts group, MEMA, the Vehicle Suppliers Association, has urged immediate action over China's tighter controls on rare earth exports, warning the move could soon disrupt car production.

U.S. President Donald Trump said Wednesday that it was “extremely hard” to make a deal with his Chinese counterpart Xi Jinping, at a time when the White House has been suggesting the two leaders could talk this week amid rising trade tensions.

Nvidia shares have staged a $1 trillion rebound in two months — and investors are betting the rally has further to go as fears about the firm give way to optimism.

Stock futures fell Monday, the first trading day of June, as global trade tensions increased. S&P 500 futures traded down 0.4%, and Nasdaq-100 futures were 0.6% lower.

Not even a trade war can stop Nvidia. In another impressive showing, the apex AI ticker charged through the tech sector malaise and delivered.

U.S. President Donald Trump could still find a workaround after suffering a major blow to a core part of his economic agenda.

Nvidia will report its fiscal first quarter results after the bell on Wednesday in the most-anticipated earnings announcement of the season.

European sales of Tesla vehicles plunged in April, as the U.S. electric carmaker continues to face reputational damage regionally and rising competition.

US stocks fluctuated before the bell on Friday, poised for weekly losses after deficit worries pushed up Treasury yields as President Trump's giant tax bill forged ahead.