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5 Things You Must Know Before Monday's Opening Bell

U.S. stock futures rise and Asian markets are higher as Donald Trump pledges to support Chinese telecommunications giant ZTE Corp. The move raises the prospect of a near-term agreement on trade with China. Watch now for more!

Here are five things you must know before Monday's opening bell

-U.S. stock futures rose and Asian markets posted gains as prospects of a near-term agreement on trade with China seem closer. The Dow has risen for seven straight days - the index's longest streak of consecutive daily gains since November - and last week rose 2.34%. The S&P 500 last week gained 2.41% and the Nasdaq rose 2.68%

-Trump said in a recent tweet that he wants China-based telecom giant ZTE (ZTCOY) to get "back into business fast" after it was banned from dealing with U.S. suppliers amid allegations it had violated Western sanctions on Iran and North Korea,

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-Xerox Corp. (XRX) - Get Xerox Holdings Corporation (XRX) Report terminated its merger with Fujifilm, added five Carl Icahn-backed directors onto its board and replaced its controversial CEO.

-Matthew Schwall, who had been the director of field performance engineering at Tesla (TSLA) - Get Tesla Inc Report , left the company to join rival Waymo, according to the Wall Street Journal.

-NXP Semiconductors (NXPI) - Get NXP Semiconductors NV Report was up more than 12% in premarket trading, after reports that Chinese officials were reviewing Qualcomm's (QCOM) - Get QUALCOMM Incorporated Report planned $44 billion takeover of the U.S. chipmaker.