Dow in focus by appointment to avoid state closure
US Stock Exchange futures were higher on Tuesday morning, with market participants hoping a new set of trade talks could help resolve a dispute between the world's two largest economies.
The Dow Jones Industrial Average futures increased by 156 points at around 4:05 ET and showed a positive open at over 143 points. P 500 and Nasdaq Composite were also seen slightly higher.
Market focus is largely matched to global trade developments, with the US and China trying to hammer out an agreement before a deadline in March.
Both parties expressed hope that The new round of negotiations, which started in Beijing on Monday, would bring them closer to a comprehensive trade The trade conflict has already begun to affect global growth, with investors worried that a prolonged conflict could quickly damage corporate earnings. news US lawmakers had hardened a preliminary agreement on border protection funding on Monday
The draft agreement ̵[ads1]1; which Congress leaders said did not include funds for President Donald Trump's border road g – could help prevent another part of the government's closure due to the beginning of Saturday.
In corporate news, Nissan, Under Armor and Shopify are among the major companies expected to report their latest quarterly results before the opening clock. Occidental Petroleum, Activision Blizzard and TripAdvisor are due to publish revenue after market times.
At the data front, the NFIB Small Business Optimism Index for January is expected to be released around 6:00. ET. Jobs and working hours overview (JOLTS) figures for December will be published later in the session.