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US-China trade truce euphoria is giving way to worry over economic slowdown in the wait for the latest US consumer inflation report
U.S. stock index futures were down on Tuesday, pulling back after a sharp rally fueled by a U.S.-China trade truce, as investors turned their focus to a key U.S. inflation reading that could shape the outlook for monetary policy.
Excitement over the surprise trade-war truce between the US and China has quickly turned to caution, as the reality of a more subdued business environment than in the past returned to view. Stocks in Hong Kong slumped as much as 1.
Stock market futures in the U.S. surged on Monday as the U.S. and China agreed to temporarily de-escalate their trade war.
Israel asks where it stands 6:26 PM UTC · Updated ago Chinacategory Global stocks surge after US, China pause tariff war, but uncertainty remains 6:24 PM UTC · Updated ago
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US stock futures surged even higher on Monday after the US and China said they have agreed to slash most tariffs for 90 days while further trade talks take place. Stocks were already making gains ...
U.S. stock futures point to a lower open as investors await a key inflation report, due before the market opens.
The dollar fell and U.S. stock futures rose on Tuesday after data showed U.S. consumer inflation picked up less than expected in April, when President Donald Trump unveiled a raft of tariffs that have wreaked havoc on global supply chains and markets.