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US stock futures lose losses after China's cautiously optimistic Liu announces trade deal



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-100

NQZ19, -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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