REUTERS: U.S. stock index futures were muted on Friday, as expectations of a deal during the current round of U.S.-China trade talks blunted the impact from additional tariffs on Chinese goods coming into force.
"Investors will be watching closely to see if any deal can be reached, but may have to prepare for more volatility in the event that one isn't reached," said Mihir Kapadia, chief executive office and founder of Sun Global Investments. The spike in tensions this week has triggered a flight to safety and triggered a 2.5per cent drop in the S&P 500 so far this week, setting the benchmark index to post its worst weekly decline since December.At 6:29 a.m. ET, Dow e-minis were down 13 points, or 0.05per cent. S&P 500 e-minis were down 5.25 points, or 0.18per cent and Nasdaq 100 e-minis were down 5.25 points, or 0.07per cent.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asia stocks slip, bonds rally on fears China-US trade deal unravelingAsian equities tracked Wall Street's slide on Wednesday as the latest developments in the U.S.-China trade conflict fanned fresh fears about ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Global stocks slip, bonds rally as US-China trade fears growAsian equities tracked Wall Street's slide on Wednesday as the latest developments in the U.S.-China trade conflict fanned fresh fears about ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Asia stocks slip, bonds rally on fear China-US trade deal could unravelAsian equities tracked Wall Street's slide on Wednesday as the latest developments in the U.S.-China trade conflict fanned fresh fears about ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
European stocks tumble as Trump threatens China tariffsPARIS: President Donald Trump sent global stock markets tumbling on Monday (May 6) by threatening to hike tariffs on US$200 billion of Chinese ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
China, Hong Kong: Stocks extend fall on renewed US tariff threat[SHANGHAI] China stocks continued to slide on Thursday, after US President Donald Trump vowed not to back down on imposing new tariffs on Chinese imports, but there was no panic selling, with Monday's over 5 per cent plunge largely pricing in the penalty. Hong Kong shares also declined. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
China urges US to respect market economy after China Mobile denied entryWASHINGTON/HONG KONG: China urged Washington on Friday to stop putting 'unreasonable pressure' on Chinese companies after U.S. regulators voted to ... This might be the funniest headline of the day.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »