U.S. stock index futures were slightly higher Wednesday morning, as investors await a fresh batch of economic data amid concerns about global economic growth.
At around 04:00 a.m. ET, Dow futures rose 19 points, indicating a positive open of more than 37 points. Futures on the S&P and Nasdaq were both seen slightly higher.
A sharp rally in global stocks following a trade truce between the two world’s two largest economies appeared to be losing momentum on Wednesday.
The U.S. and China agreed to restart trade talks over the weekend, after President Donald Trump offered concessions -- including no new charges and an easing of restrictions on tech company Huawei -- to soothe tensions with Beijing.
Initial enthusiasm over the latest trade truce between Washington and Beijing has since been overtaken by intensifying concerns over the Trump administration’s threat of tariffs on additional European goods.