US stock futures are trading marginally in the red after a strong rally on Monday, marking their best single-day gain since April 9, which was the day US President Donald Trump announced a pause to his reciprocal tariff program for 90 days.

FIIs added 78,532 long contracts and covered 29,899 shorts, boosting their net long position by 108,431 contracts, taking the long-short ratio up from 1.88 to 1.94.

U.S. stock futures soar after U.S. and Chinese officials announce a 90-day lowering of tariffs, tech stocks surge on the trade deal, and pharmaceutical stocks sink as President Donald Trump says he'll slash prescription drug costs.

Trump makes a momentous political comeback, breaking through the "blue wall" to win 312 electoral votes. Trump becomes only the second US president in history to be elected to non-consecutive terms, following Grover Cleveland (the 22nd and 24th US president).

Asia stock markets traded higher on Monday following substantial progress in U.S.-China trade talks on Sunday. Traders awaited further details from the negotiations, which were expected to be announced on Monday.

Investors head into a busy week for economic data watching if leadership in the U.S. stock market could be moving away from defensive equity areas that indicates greater appetite for risk.

GIFT Nifty rises 480 points; India-Pakistan ceasefire and US-China trade consensus boost Asian markets. Stay updated!