US Stock Market Live: Dow futures fall 110 points despite US, China reaching consensus

1 day ago

HomeMarket NewsUS Stock Market Live: Dow futures fall 110 points despite US, China reaching consensus

US Stock Market Live: Futures on Wall Street are sulking this morning despite both US and China reaching a broad consensus to implement the Geneva trade agreement that both countries had arrived on last month. The Dow futures are down 110 points, S&P 500 futures are trading below the flat line, while the Nasdaq futures are down 60 points. Watch this space for all the live updates.

 Dow futures fall 110 points despite US, China reaching consensus

US Stock Market Live: Futures on Wall Street are sulking this morning despite both US and China reaching a broad consensus to implement the Geneva trade agreement that both countries had arrived on last month. The Dow futures are down 110 points, S&P 500 futures are trading below the flat line, while the Nasdaq futures are down 60 points. Benchmark indices took another step forward to reclaim their record highs. The S&P 500 and Nasdaq outperformed aided by a third straight day of gains in Tesla, which has nearly recovered all the losses the stock had seen during June 4 and 5. All eyes this evening will be on the inflation data that comes out from the US, which is likely to rise both month-on-month, as well as on a year-on-year basis. Additionally, a US Appeals Court also upheld the Trump administration's appeal to keep the tariffs in place for a longer period of time. The US Dollar remains around the 99 mark, Brent trades around $67 per barrel, while Gold is finding some support at lower levels. Watch this space for all the live updates.

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