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.
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.