U.S. stock index futures pointed to a higher open again Wednesday morning, after ending a lengthy winning streak following President Donald Trump's skeptical comments on the ongoing U.S.-China trade war.
At around 4.35 a.m. ET, Dow futures were up by around 36 points and indicated a positive open of more than 37 points. The S&P 500 and Nasdaq were also seen moving higher.
Trump on Tuesday said the world’s two largest economies have a "long way to go" on trade, and suggested that the U.S. could impose sanctions on an additional $325 billion worth of Chinese goods.
The comments come just as Washington and Beijing seek to restart negotiations on a trade deal after Trump and Chinese President Xi agreed not to escalate tensions, having slapped tariffs on billions of dollars' worth of each other's imports over the past year.
Source : CNBC