Wednesday, 21 August 2019
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US stock futures slightly lower as earnings and trade fears weigh

U.S. stock index futures were slightly lower Thursday morning as earnings season gathers momentum.

At around 4:30 a.m. ET, Dow futures were down 93 points and indicated an implied negative open of more than 70 points, while the S&P 500 and Nasdaq also pointed to lower opens.

Stocks closed at the day™s lows Wednesday after the Wall Street Journal reported that trade negotiations between the U.S. and China had faltered over restrictions on Chinese telecommunications giant Huawei, citing sources familiar with the talks.

This came after President Trump on Tuesday made skeptical comments about the possibility of an imminent resolution to the ongoing trade war between the world™s two largest economies.

Source : CNBC

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