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Investors are concerned about increasing trade tensions



Stock Index futures traded lower Friday morning as trading tensions between the United States and China continue to dominate investor's feelings.

At 05:50 ET Dow futures pointed at a lower open of more than 65 points. Futures for S & P and Nasdaq are also traded lower.

Market focus is largely focused on a growing trade war between the United States and China, after President Donald Trump's bid to block Huawei from buying US technology in demand for tensions. China's government party newspaper hit a defiant tone Friday, and insisted trade war will only make China stronger.

While major US indices reached Thursday, mainly driven by strong earnings from Walmart and Cisco Systems, US chipmaker stocks fell on trading news.

On the computer side Friday, the consumer vote number is due at 1

0.00 ET. Meanwhile, Deere is ready to report their earnings before the clock.

A number of Fed speeches are also scheduled for Friday. At 10.00 ET, Federal Reserve Vice President Richard Clarida will talk about Fed's review of his monetary policy strategy, followed by New York Fed President John Williams' speech in New York at 11:15 ET and Dallas Fed President Robert Kaplan's speech at 1:10 ET.


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