Stocks - U.S. Futures Flat Ahead of Trade Talks

Stocks - U.S. Futures Flat Ahead of Trade Talks

Investing.com  | Oct 10, 2019 12:07

Stocks - U.S. Futures Flat Ahead of Trade Talks

Investing.com - U.S. futures were flat on Thursday as investors remained cautious from mixed signals ahead of trade talks between the U.S. and China.

The South China Morning Post reported that no progress has been made in deputy-level trade talks that occurred before high-level talks on Thursday, which it said will last only one day instead of the two days originally scheduled (the White House told CNBC that that was inaccurate and that Vice Premier Liu He is still scheduled to depart Friday evening).

Nasdaq 100 futures inched down 3 points or 0.1% by 6:52 AM ET (10:52 GMT), while Dow futures slipped 32 points or 0.1% and S&P 500 futures were down 2 points or 0.1%.

PG&E slumped 26.9% after the utility company cut the power of hundreds of thousands of residents in Northern California in an attempt to avoid sparking another wildfire. Power is not likely to resume for days, the company said.

Activision Blizzard (NASDAQ:ATVI) dipped 0.6% after some of its employees staged a walkout in protest at the company's decision to ban a player who voiced support of the Hong Kong protesters.

Elsewhere, Apple (NASDAQ:AAPL) inched up 0.5%, while Freeport-McMoran (NYSE:FCX) gained 2.5%.

On the data front, weekly jobless claims figures and consumer price index data come out at 8:30 AM ET, while Delta Air Lines is expected to publish its earnings before the open.

In commodities, crude oil futures lost 0.2% to $52.49 a barrel. Gold futures inched down 0.1% to $1,511.45 a troy ounce, while the U.S. dollar index, which measures the greenback against a basket of six major currencies, fell 0.4% to 98.428.

Related News

Latest comments

Add a Comment
Please wait a minute before you try to comment again.
Discussion
Write a reply...
Please wait a minute before you try to comment again.

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

English (USA) English (India) English (Canada) English (Australia) English (South Africa) English (Philippines) English (Nigeria) Deutsch Español (España) Español (México) Français Italiano Nederlands Português (Portugal) Polski Português (Brasil) Русский Türkçe ‏العربية‏ Ελληνικά Svenska Suomi עברית 日本語 한국어 中文 香港 Bahasa Indonesia Bahasa Melayu ไทย Tiếng Việt हिंदी
Sign out
Are you sure you want to sign out?
NoYes
CancelYes
Saving Changes

+