Stock index futures are traded a little lower on Tuesday, when US investors return from a three-day weekend and ahead of another round of US-China trade negotiations.
What are the main goals?
Futures at the Dow Jones Industrial Average
YMH9, [0.2459008] -0.23%
fell 49 points, or 0.2% to 25.834, while S & P 500 futures
ESH9, [0.2459008] -0.28%
was outside 6.35 points, or 0.2% to 2,771
NQH9, [0.2459008] -0.29%
went down 14.75 points, or 0.2% to 7499.25.
Most US financial markets were closed Monday for the presidency. Stocks so strong gains last week, with Dow
DJIA, + 1.74%
increasing 3.1%, S & P 500
SPX, + 1.09%
ahead 2.5%. Nasdaq Composite
COMP, + 0.61%
posted a 2.4% offset, and lifted the technological heavy index from a bear market.
What drives the market?
Last week's gains were partly driven by optimistic expectations of US-China trade negotiations. Top US and Chinese officials met last week in Beijing. Talks are set to resume Tuesday in Washington.
On Sunday, President Donald Trump tweeted about the trade negotiations and said, "Big advances are being made on so many different fronts!"
Important meetings and encourage China Trade Deal and more, today with my staff. Big advances are being made on so many different fronts! Our country has such a great potential for future growth and greatness at even higher levels!
– Donald J. Trump (@realDonaldTrump) February 17, 2019
Investors seemed to be unaware of Trump's statement of a national emergency at the end of last week to pay for a wall along the US border and Mexico. Sixteen states filed a federal lawsuit on Monday challenging the statement.
Although the Trump administration is seeking a solution to the standoff over the US-China trade relations, investors are also forced to weigh the consequences of a new study sent to the White House by the Trade Department, which is considering new car import tariffs, on Sunday. on national security grounds.
The recommendations in the report have not yet been published, and the administration has 90 days to decide to carry out the study proposal.
What shares are in focus?
Stocks of Walmart Inc .