Stocks set to open lower | Jobs Friday is here | China supports Huawei

U.S. stock futures were lower this morning, as the Dow, S&P 500, and Nasdaq finish what's tracking to be their worst week of 2019. If all three fall today, it will be the first time they've all done so in each day of a full trading week since November 2016. * US-China trade deal isn't imminent, so no summit date set, envoy says

CNBC has learned the White House is expected to unveil a budget on Monday that does not balance, despite optimistic growth projections and deep cuts to discretionary programs. The budget is supposed to act as a road map for Congress. Trump's former longtime attorney and fixer, Michael Cohen, filed a lawsuit against the Trump Organization, claiming his former employer failed to pay"fees and costs" he incurred related in part to Robert Mueller's Russia probe.

American Airlines has taken more than a dozen of its Boeing 737 jets out of service after some newly installed overhead bins wouldn't close, leading the carrier to cancel about 40 flights. Deutsche Bank and Commerzbank have no mandate from their supervisory and management boards to engage in merger talks, according to Reuters sources. Focus magazine had reported that the CEOs of the two German banks had resumed talks about a potential merger on orders from those boards.

GlaxoSmithKline reported positive results for an experimental two-drug HIV treatment in a late stage study. The drug combination would be administered just one time per month.

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