U.S. stock index futures treaded water on Thursday, as investors awaited more details on the progress in U.S.-China trade negotiations amid ...
REUTERS: Wall Street's main indexes were set for a subdued opening on Thursday, as investors awaited more details on the progress in U.S.-China trade negotiations amid lingering fears of slowing economic growth.
U.S. Treasury Secretary Steven Mnuchin said he and U.S. Trade Representative Robert Lighthizer looked forward to"productive meetings" as they arrived in Beijing leading a delegation for trade talks. Worries about slowing growth have risen recently amid weak economic data and after the Federal Reserve abandoned projections for any interest rate hikes this year."Right now, economic concerns are front and center for investors. They were particularly confident that the U.S. is strong but now doubts are starting to creep in," Meckler said.
Treasury prices continued its rally on Thursday, pushing the benchmark 10-year yields to fresh 15-month lows.
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