U.S. stock index futures were mixed Wednesday morning, as escalating global growth concerns weighed on investor confidence.
At around 02:35 a.m. ET, Dow futures slipped 30 points, indicating a negative open of more than 11 points. Futures on the S&P and Nasdaq were seen pointing in opposite directions.
A rally in global stocks following a trade truce between the two world’s two largest economies appeared to be rapidly losing steam on Wednesday.
The U.S. and China agreed to restart trade talks over the weekend, after President Donald Trump offered concessions — including no new charges and an easing of restrictions on tech company Huawei — to soothe tensions with Beijing.
Initial enthusiasm over the latest trade truce between Washington and Beijing has since been overtaken by intensifying concerns over the Trump administration’s threat of tariffs on additional European goods.
The U.S. Trade Representative’s office released a list of products — including olives, Italian…
