Stocks – U.S. Futures Slightly Lower as China Offers to Host Trade Talks 

This post was originally published on this site

https://i-invdn-com.akamaized.net/news/LYNXNPEAAB17X_M.jpg
© Reuters. © Reuters.

Investing.com – U.S. futures were down slightly as trade tensions remained in focus after reports that .

The fell 4 points or 0.1% by 6:44 AM ET (11:44 GMT), while lost 7 points or 0.1% and were flat at 3,108.12 points.

The Wall Street Journal reported that China made the offer last week, but the U.S. has yet to respond. Tensions between the two have increased this week after Congress passed a bill in Hong Kong, which Chinese officials have condemned.

Meanwhile U.S. President Donald Trump indicated on Wednesday that he is considering exempting Apple from an increase in tariffs on Chinese goods scheduled for Dec. 15. Apple Inc (NASDAQ:) gained 0.4% on the news.

Tesla Inc (NASDAQ:) inched up 0.4% ahead of its long-awaited electric pickup truck reveal this evening in Los Angeles. Tiffany & Co (NYSE:) surged 3.7% after reports that LVMH had raised its offer for the company to $130 per share.

Earnings continues, with Macy’s Inc (NYSE:), Berry Global Group Inc (NYSE:), and BJs Wholesale Club Holdings Inc (NYSE:) reporting before the opening bell. Gap Inc (NYSE:), Intuit Inc (NASDAQ:), and Splunk Inc (NASDAQ:) are among those reporting when the market closes.

On the data front, claims and the figures for November will be released at 8:30 AM ET, followed by later in the session.

In commodities, fell 0.4% to $1,469.05 a troy ounce, while the , which measures the greenback against a basket of six major currencies, inched down 0.1% to 97.705. slipped 0.3% to $56.84 a barrel.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Add Comment