Wall Street saw a rebound Wednesday after a deep sell-off this week. Dow Jones Industrial Average finished the day 2.24 points higher at 25,967.33. Meanwhile, S&P 500 fell 0.16% to 2,879.42 and Nasdaq Composite was down 0.26% to 7,943.32.
US futures were lower Thursday morning, as market participants actively monitor trade relations between the US and China. At precisely 2:23 a.m. ET, Dow futures fell 122 points, possessing a negative open of more than 33 points. S&P and Nasdaq futures were also slightly down.
President Donald Trump’s remarks fueled market concerns by stating that China broke the deal regarding their ongoing trade talks. To recall, yesterday’s trading bounce back after White House Press Secretary Sarah Sanders affirmed that China is coming to Washington to strike a deal.
Traders await for upcoming data releases. Other players like Softbank, Norweigan Cruise Line, Booking Holdings, Dropbox, and News Corp will be updating earnings throughout the day.
