Futures Barely Budge over Trade Suspense
Stock futures were little changed Tuesday as investors waited for more insight on trade discussions between the U.S. and China.
Futures for the Dow Jones Industrials slid 34 points, or 0.1%, to 42,764.
Futures for the S&P 500 index slid 0.75 points to 6,009.50.
Futures for the NASDAQ gave up seven points to 21,814.50
Those moves follow a muted day on Wall Street as investors kept an eye on trade talks between officials from the two countries. The discussion is slated to resume on Tuesday morning.
Traders are monitoring the U.S.-China discussions for signs of a deal that doesn’t involve the countries enforcing lofty tariffs on one another.
Both nations agreed last month to temporarily slash their duties, which was seen as a major breakthrough in trade negotiations after U.S. President Donald Trump unveiled his plan for broad and steep levies on imports.
Shares of the chain restaurant Cracker Barrel Old Country Store slipped 8.1% Monday. The company announced a proposed private offering of $275 million in convertible senior notes that would be due in 2030.
In Japan, the Nikkei 225 index grabbed 0.3% Tuesday, while in Hong Kong, the Hang Seng settled 0.1%
Oil prices prospered 28 cents to $65.57 U.S. a barrel.
Gold prices brightened $6.10 to $3,361 U.S. an ounce.
