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US stock markets set for a lower open as trade optimism fades


Friday, 9 August 2019 17:21 WIB

Indeks saham berjangka A.S.


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U.S. stock index futures were lower Friday morning as investors continued to monitor U.S.-China trade relations and movements in the bond markets.

At around 04:30 a.m. ET, Dow futures fell 104 points, indicating a negative open of more than 84 points. Futures on the S&P 500 and Nasdaq were also slightly lower.

Wall Street ended Thursday on a more positive note, erasing most of the steep losses seen earlier in the week. Overnight, Bloomberg reported that the U.S. is holding off on giving permission to U.S. companies to use Huawei products, citing people familiar with the matter. This comes after China decided to stop buying American crops and after the U.S. officially declared China a currency manipulator earlier this week.

Source: CNBC


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