U.S. stock futures pointed to a lower start on Wall Street Monday as investors reevaluate the “phase-one” trade deal between the U.S. and China, announced in the final minutes of trade Friday, with growing concern that the agreement will not lead to significantly lower trade barriers or greater certainty over Sino-American trade relations.
Futures for the Dow Jones Industrial Average fell 118 points, or 0.4% to 26,656, while those for the S&P 500 lost 14.8 points, or 0.5%, to 2,956.25. Nasdaq-100 futures, meanwhile, fell 48.25 points, or 0.6%, to 7,812.
On Friday, The Dow Jones Industrial Average rose 319.92 points, or 1.2%, to 26,816.59, the S&P 500 index advanced 32.14 points, or 1.1%, to 2,970.27, while Nasdaq Composite Index gained 106.26 points, or 1.3%, to 8,057.04.
Source : Marketwatch