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Offbeat Stock futures set for a negative open amid global trade developments

15:51  30 august  2018
15:51  30 august  2018 Source:   cnbc.com

Stocks rise as bull market approaches milestone

  Stocks rise as bull market approaches milestone U.S. stock index futures eked out slight gains ahead of Tuesday’s open, as investors turn their attention to the political and central banking spheres. At around 5:00 a.m. ET, Dow futures rose 47 points, indicating a positive open of 49.31 points, with the S&P 500 and Nasdaq futures also pointing to a flat to upbeat start to the day.With little economic data out at the start of this week, investors have been turning their attention to news surrounding the U.S. administration's relationship with China and the U.S. Federal Reserve.

U.S. stock index futures posted sharp drops ahead of Monday’s open , as losses from markets overseas weighed on sentiment. Around 7 a.m. ET, Dow futures slipped 130 points. The Nasdaq and the S&P 500 futures also indicated a negative open for their respective markets.

It would seem there is some hopefulness that the NATO summit in Brussels will usher some agreement among participants about the burgeoning global trade war.

John Thune talking on a cell phone© Provided by CNBC U.S. stock index futures slipped into the red ahead of Thursday's open, as investors kept abreast of trade discussions between the United States, Mexico and Canada.

Around 6:45 a.m. ET, Dow Jones Industrial Average futures fell 63 points, indicating a decline of 53.57 points at the open , with S&P 500 and Nasdaq 100 futures also pointing to a negative start to the day. Markets in Asia and Europe also posted solid losses Thursday.

On Monday, the U.S. secured a trade deal with Mexico, which would replace the current NAFTA agreement between both countries and Canada.

The new deal has yet to include Canada; however, Ottawa has since rejoined talks. But with Friday's deadline fast approaching, investors will be keeping a close eye on the talks.

In data, jobless claims, personal income and outlays, and core personal consumption expenditure (PCE) figures are all due to be released at 8:30 a.m. ET.

In corporate news, Toronto-Dominion Bank, Campbell Soup, Dollar General, Dollar Tree, Abercrombie & Fitch, Lululemon Athletica, Ulta Beauty, Ambarella and American Outdoor Brands are all expected to publish their latest earnings reports.

No speeches by the U.S. Federal Reserve are due Thursday.

Stock futures point to lower open as trade fears rise .
U.S. stock index futures came under pressure ahead of Friday's open amid investors focusing on jobs report.Around 8:30 a.m. ET, Dow futures slipped 90 points, with S&P 500 and Nasdaq 100 futures also pointing to a negative start. Markets in Asia and Europe were mostly lower.

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