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US stocks set to regain momentum after Trump's trade comments dent historic rally


Wednesday, 17 July 2019 16:08 WIB

Indeks saham berjangka A.S.Indeks NasdaqS&P 500 FuturesDowJones Futures


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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


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