Futures Dip After Rally As Trade Talk Euphoria Fades

www.oann.com | 6/5/2019 | Staff
(Reuters) – U.S. stock index futures edged lower on Tuesday, a day after the benchmark S&P 500 index hit a record high, as optimism over progress in U.S.-China trade talks subsided and a fresh threat of tariffs on Europe kept investors on edge.

Adding to the downbeat mood was a clutch of discouraging manufacturing surveys in the past 24 hours from around the world that once again stoked fears of a global economic slowdown.

US - Markets - Monday - Washington - Beijing

U.S. markets rose on Monday as Washington and Beijing agreed to resume trade talks and President Donald Trump offered concessions including no new tariffs and an easing of curbs on Huawei Technologies Co Ltd.

Washington threatened to slap tariffs on $4 billion of additional EU goods, ratcheting up pressure on Europe in a long-running dispute over aircraft subsidies.

EU-US - Trade - Tensions - Way - US-China

With EU-U.S. trade tensions resurfacing, the way the U.S.-China trade dispute is being solved gives some guidance on how the United States is dealing with other trading partners, said Florian Hense, an economist at Berenberg in London.

(Excerpt) Read more at: www.oann.com
Wake Up To Breaking News!
Sign In or Register to comment.

Welcome to Long Room!

Where The World Finds Its News!