Equity futures turned higher following Thursday’s plunge, after China said trade representatives would meet next week.

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Dow Jones futures were rising by 1 percent. The S&P 500 added 1 percent and the Nasdaq Composite was up 1.2 percent.

Stocks around the globe were lifted after China’s Commerce Ministry said the U.S. trade delegation led by Deputy Trade Representative Jeffrey Gerrish will visit China on Monday and Tuesday.

The two sides are working to resolve disputes on trade and other economic issues.

In Asian trading on Friday,  optimism about trade talks with the United States helped sooth investor nerves.

China’s Shanghai Composite Index closed up 2.0 percent and higher by 0.8 percent for the week.

Hong Kong’s Hang Seng index ended up 2.2 percent and was up 0.5 percent for the week.

Japan’s Nikkei had its first trading session of the new year and finished the day down 2.3 percent.

European markets opened higher. London’s FTSE added 1 percent, Germany’s DAX rose 1 percent and France’s DAC gained 0.8 percent.

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