China-US Trade, Fed Outlooks Lift Wall Street Pre-Bell; Asia Rallies, Europe Up

07:24 AM EDT, 10/27/2025 (MT Newswires) -- Wall Street futures swelled to new all-time records pre-bell Monday, as traders weighed easing of Beijing-Washington trade frictions and awaited a Thursday meeting in South Korea between President Donald Trump and China President Xi Jinping.

In addition, the Federal Reserve will start a two-day policy session on Tuesday, and announce a rate decision Wednesday afternoon. There is a 96.7% chance the nation's central bank will cut rates by 0.25%, according to the CME Group's FedWatch indicator.

In the futures, the S&P 500 rose 0.9%, the Nasdaq inclined 1.3% and the Dow Jones was up 0.6%.

Asian exchanges rallied overnight after US Treasury Secretary Scott Bessent said prospects of 100% import levies on China-produced goods were "off the table" following weekend talks in Malaysia, and a framework was in place for a trade deal.

Tokyo's Nikkei 225 closed above 50,000 for the first time, gaining 2.5%, while all-time zeniths were struck on exchanges in South Korea and Taiwan also.

In earnings news, Keurig Dr Pepper (KDP) traded up 3.6% pre-bell after reporting reported Q3 profits in line with Street views, but topping revenue outlooks, in morning hours.

On the economic calendar is the Dallas Fed Manufacturing Survey for October, at 10:30 am ET.

In pre-market action, Bitcoin traded at $115,410, West Texas Intermediate crude oil traded lower at $61.05, and 10-year US Treasuries offered 4.03%. Spot gold traded for $4,048 an ounce.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.