Dow futures slightly lower as investors await inflation data
Wednesday, 12 June 2019 16:41 WIB | MARKET UPDATE |Indeks saham berjangka A.S.Indeks NasdaqS&P 500 Futures

U.S. stock index futures were slightly lower Wednesday morning, as the White House took a tough line on trade talks with China.

At around 04:00 a.m. ET, Dow futures slipped 58 points, indicating a negative open of more than 49 points. Futures on the S&P and Nasdaq were both seen slightly lower.

Washington and Beijing have imposed tariffs on billions of dollars' worth of one another™s goods since the start of 2018, battering financial markets and souring business and consumer sentiment.

Investors are likely to closely monitor consumer price index data (CPI) for May at around 8:30 a.m. ET, with core CPI excluding food and energy for May due at the same time. The latest Federal Budget figures will be released slightly later in the session.

Source : CNBC

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