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Stock Futures Inch Lower as U.S. Reiterates Threat to Raise Tariffs on China


Tuesday, 7 May 2019 16:20 WIB

Indeks berjangka ASS&P 500 FuturesNasdaq-100 futuresDowJones Futures


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Stock futures pared back losses on Tuesday, but investor kept a close eye on trade tensions after U.S. officials confirmed that China tariffs would be raised by the end of the week.

From a loss of more than 150 points, Dow Jones Industrial Average futures were last down 30 points, or 0.1% to 26,373, while S&P 500 futures dropped 4.4 points to 2,927.50. Nasdaq-100 futures dipped 14.26 points, or 0.2%, to 7,790.

U.S. stocks finished lower on Monday, but recouped deeper losses. The Dow Jones Industrial Average slid 66.47 points, or 0.3%, to 26,438.48 after being down almost 500 points earlier in the session. The S&P 500 index declined 0.5% to 2,932.47, while the Nasdaq Composite Index retreated 0.5%, to 8,123.29 after touching a Monday low near the open at 7,981.85.

Source : Marketwatch


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