U.S. stock index futures were little changed, while Chinese shares declined as Washington keeps turning up the pressure on China. Investors await the employment report for July as well as more corporate earnings from companies including Berkshire Hathaway.
E-Mini futures on S&P and E-Mini futures on Dow Jones both down 0.1% while E-Mini futures on Nasdaq little changed.
U.S. Commerce Secretary Wilbur Ross signaled there’s more pain ahead unless China changes its economic system as the Asian nation repeated that it will never surrender to U.S. trade threats. European stocks bounced back, driven by autos and tech stocks amid positive sentiment as Apple’s market value hit $1 trillion.
Of the 397 S&P 500 companies that have already reported earnings this season so far, about 82 percent managed to beat analysts’ estimates, according to Bloomberg data, higher than the 72% beats seen during the same quarter last year.