Stock futures fell sharply on Thursday as investors feared that US-China trade tensions could worsen before improving.
How are the main benchmarks traded?
Dow Jones Industrial Average Futures
fell 158 points, or 0.6%, to 25,615, while S & P 500 futures
were hardest hit, dropping 68.50 points or 0.9% to 7,361.
On Wednesday, the Dow Jones Industrial Average fell
fell by 100.72 points, or 0.4%, to 25,776.61 and the S & P 500 Index
fell 8.09 points, or 0.3%, to 2,856.27. The Nasdaq Composite Index
dropped 34.88 points or 0.5% to 7,750.84.
What drives the market? begin to adjust to the idea of a lengthy conflict between the US and China. US technology stocks suffered losses Wednesday, and Asia won the baton on Thursday.
US-China Trade May Stabilize Long-term
Taiwan's tech-heavy stock index has been hit by losses for chipmaker Taiwan Semiconductor Manufacturing
A supplier to Huawei Technologies Co. Asian technology weakness came after the Wall Street Journal hit the British chip Design company Arm Holdings had reported discontinuing the deal with Huawei.
Meanwhile, the South China Morning Post reported that trade tensions force China to reconsider its entire economic relationship with the US I can not access the alphabet
acoL, + 0.12%
Google or Microsoft Corp.
MSFT, + 0.61%
The shares were released Wednesday from the minutes of the last meeting of the Federal Open Market Committee, which revealed that interest rates are expected to remain stable for some time not to be taken.
Investors will receive a handful of economic news on Thursday, starting with weekly jobless claims due at 8:30 am Eastern time, followed by the Markit PMIs for the manufacturing and services sectors at 9:45 am Eastern Time are due. The sale of new houses for April is due at 10 o'clock in the morning in the east.
What do analysts say?
"The prospect of a rapid end to the current tensions between the US and China continues to decline, and as such, the caution of the past few days threatens to develop into a complete withdrawal from these sectors. This is the hardest of further escalations concerned, "said Michael Hewson, chief market analyst at CMC Markets, in a message to customers.
How are other markets acting?
Asian equities were mostly losses, with losses for Shanghai Composite rising
which equates to a decrease of 1.4%. European stocks
were all declining at the start of trading.
refused, while, gold
GCM19, + 0.08%
was softer and the US dollar
DXY, + 0.20%
DXY, + 0.20%
DXY, + 0.20%
was higher above all against the British pound
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