Futures futures dropped Thursday, but after Chinese Prime Minister Liu He reported greater losses, he reportedly said he was "cautiously optimistic" about getting to the preliminary deal on trade 1 with the US [19659002] How are the main benchmarks?
Industrial Average Futures Dow Jones
YMZ19, -0.21%
decreased by 46 points or 0.2% to 27,754, while futures on the S&P 500
ESZ19, -0.22% (19659004) slipped by 5.25 points or 0.2% to 3,1
03.75. Nasdaq-100NQZ19, -0,30%
bounded 16 points down or 0,2% to 8 275,50.
Wednesday Dow Industrials
DJIA, -0.40%
decreased by 112.93 points or 0.4% to 27 271 points, while the S&P 500
SPX, -0.38% (19659004) lost 0.4% to end at 3,108.46. Nasdaq Composite
COMP, -0.51%
which traded briefly above the neutral line in the late morning, closed 0.5% lower to EUR 8,526.73.
What Leads the Market? According to anonymous sources they participated, a Phase 1 business deal was reported at dinner by Bloomberg. The chief trade negotiator for China also told one person at the event that he was "confused" with the US trade requirements, but he believes an agreement will be reached.
Losses for US stocks Wednesday and weakness for Asian stocks came early Thursday after Reuters announced that the agreement in the first step will move to 2020. President Donald Trump also faced increased demands on China.
The market is also concerned about the increasing tensions between Beijing and Washington as a result of the Hong Kong Human Rights Act, which was approved by the House of Representatives on Wednesday after a previous Senate pass. The bill, now directed to Trump for his signature, angered the Chinese government.
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