Stock Index Futures Drop Amid U.S.-China Trade Tensions and Anticipated Economic Events

Reported 18 days ago

Stock index futures saw significant declines as China retaliated against the U.S. by imposing sanctions on South Korean shipping firms. With a backdrop of trade tensions, investors are awaiting a speech from Federal Reserve Chair Jerome Powell and earnings reports from major U.S. banks. Wall Street’s major indexes rose the previous day, but sentiment has shifted with concerns about a potential resurgence of the trade war.

Source: YAHOO

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