ET 18:47

Dow, S&P 500, Nasdaq Futures Rise Ahead of Trump-Xi Meeting in Beijing

U.S. stock futures edged higher May 13, 2026, as investors awaited President Donald Trump’s May 14 meeting with Chinese President Xi Jinping in Beijing, with trade and artificial intelligence expected to be central topics. Dow Jones Industrial Average futures rose 0.2%, S&P 500 futures gained 0.1%, and Nasdaq 100 futures advanced about 0.3%. Nvidia CEO Jensen Huang, Tesla CEO Elon Musk and Apple CEO Tim Cook are among U.S. executives traveling with Trump, underscoring investor focus on AI and China-related business exposure. Geopolitical risk remains in focus after Trump said the U.S.-Iran ceasefire was on “massive life support,” though he downplayed the likelihood of extensive Iran talks in Beijing. Cisco shares rose in after-hours trading after the company beat earnings expectations and announced an AI-focused restructuring plan that will cut about 4,000 jobs. The S&P 500 and Nasdaq closed at records earlier May 13 despite stronger-than-expected April producer price data. Applied Materials and Klarna report results May 14.

EditorWong Mei Ling