China, futures and Stock Market
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(Reuters) -U.S. stock index futures were subdued on Tuesday as investors awaited the outcome of a second day of trade talks between the United States and China aimed at cooling a tariff dispute that has bruised global markets this year.
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Stocktwits on MSNDow Futures Rise Amid Caution As Wall Street Traders Eye May Jobs Report — Strategist Warns Euphoric Stock Traders Ignoring Bond Market SignalsU.S. stock futures treaded water early Friday as traders looked ahead to the all-important May non-farm payrolls report, especially after the recent string of weak labor market readings. The market is also left to contend with President Donald Trump’s social media ramblings that have stirred volatility.
The so-called TACO trade will be tested as markets wait to see if Trump will actually follow through with his 50% steel duty or if he will put it on hold soon.
Dow, S&P 500, Nasdaq futures held steady on Wednesday even as Donald Trumps sharp tariff hike on steel and aluminum imports rattled trade talks. The former President doubled duties from 25% to 50%, excluding only the UK.
U.S. stocks are drifting and financial markets worldwide are holding relatively steady as the wait continues for more updates on President Donald Trump’s tariffs and how much they’re affecting the economy.
High-level delegations from the United States and China are meeting in London to try and shore up a fragile truce in a trade dispute that has roiled the global economy