U.S. futures slumped on Monday, as worsening unrest in Hong Kong caused market jitters and hopes for trade detente between the U.S. and China receded.
U.S. President Donald Trump said on Friday that he had not agreed to end tariffs on Chinese goods as part of a trade deal, as was claimed by the Chinese Commerce Ministry earlier last week.
Meanwhile tensions in Hong Kong surged after police opened fire on protesters who had tried to block roads and delay trains during the morning commute. One man was shot and sent to hospital in critical condition.
Nasdaq 100 were down 35 points or 0.4% by 6:49 AM ET (10:49 GMT), while Dow futures slumped 104 points or 0.4% and S&P 500 Futures dipped 10 points or 0.3%.
Source : Investing.com