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Nov 11, 2019

US Market | Futures Indicator: US futures point to lower open

Silvia Amaro



U.S. stock index futures were lower Monday morning.
Around 5:45 a.m. ET, Dow futures indicated a negative open of about 130 points. Futures on the S&P and Nasdaq were both lower as well.
Investors are closely monitoring news on the China-U.S. trade front after President Donald Trump said Friday that he had not agreed to scrap tariffs on Chinese goods. His comments followed news from earlier last week after the Chinese commerce ministry said that both sides had agreed to cancel existing tariffs in phases.
Market players are also following new demonstrations in Hong Kong. Local police have reportedly opened fire on Monday at mass protests, which re-emerged after the arrest of three pro-democracy lawmakers over the weekend.
On the data front, there are no economic releases scheduled.
The bond market is closed Monday in observance of Veterans Day.
In corporate news, Grocery Outlet and Tencent Music are set to report after the bell.

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