US stock futures rose on May 13, 2026, before President Donald Trump’s summit with China’s Xi Jinping, while European stocks closed higher as risk appetite improved. [1, 2]
At 05:35 ET, Dow E-minis were down 149 points, or 0.3%, but S&P 500 E-minis were up 16.75 points, or 0.23%, and Nasdaq 100 E-minis rose 239.75 points, or 0.82%. Bloomberg later said S&P 500 futures were up 0.2% at 07:49 EDT. [3, 1]
Traders were watching Trump’s China visit and the wider geopolitical backdrop, including hopes it could influence US-Iran peace efforts. One source said Trump did not expect to ask Xi to help resolve the conflict with Tehran, even as he planned to press Xi to open China to US businesses. Trump said he wanted China to “open up,” according to the report. [3, 2]
Chip stocks helped steady the premarket after a selloff. Micron Technology rose 6.2%, Western Digital gained 3.1%, Seagate added 2.8% and SanDisk climbed 5.3%. The reports also said the two biggest economies were considering extending a truce on Chinese rare earth export curbs. [3]
Oil prices fell after a three-session rally, adding to the calmer tone across markets. [3]
In Europe, the Stoxx Europe 600 ended up 0.79% at 611.42 points. Germany’s DAX 40 closed at 24,136.81, Italy’s FTSE MIB 30 at 49,480.7, Britain’s FTSE 100 at 10,325.35 and France’s CAC 40 at 8,007.97. The euro traded at 1.1709 dollars. [2]
Eurozone data due with the session showed GDP growth of 0.1% quarter on quarter, employment growth of 0.1% and euro area industrial production up 0.2% from the previous month, though output was still down 2.1% year on year. [2]
