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Stock futures fall on report that China has doubts over a long-term US trade deal
U.S. stock index futures turned lower on Thursday after a report raised doubt about a long-term U.S.-China trade deal. At around 7:10 a.m. ET, Dow Jones Industrial Average futures were down 70 points, indicating a loss of 64 points. S&P 500 and Nasdaq 100 futures were also down. Bloomberg News reported Thursday, citing unnamed sources, that Chinese officials have been casting doubt over the possibility of a long-term trade deal with the U.S. The report sent stock futures tumbling after they were trading higher. Trade bellwether Caterpillar slipped 0.9% while Micron Technology shares were down 1.1% in the premarket. ... (full story)
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