U.S. futures fell on Thursday, after reports that trade talks with China have hit a snag on Chinese purchases of U.S. farm products, amid other concerns.
President Donald Trump has claimed that China has agreed to buy up to $50 billion of agricultural products from the U.S., but China is not ready to agree to a specific number, The Wall Street Journal reported. Negotiations have also hit a bump in other agreements, including the mooted roll-back of U.S. tariffs on Chinese goods and China's relaxation of rules on the transfer of technology between foreign companies and their local partners.
Weak industrial output data in China, and anemic growth in Japan and Germany in the third quarter also weighed on sentiment.
Nasdaq 100 futures fell 12 points or 0.2% by 6:48 AM ET (11:48 GMT), while Dow futures lost 34 points or 0.1% and S&P 500 Futures were down 4 points or 0.1%.
Source : Investing.com