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The Breakfast Briefing: Dow Futures Slightly Lower After Trump's State Of The Union Address
FYI: U.S. stock index futures traded lower on Wednesday morning after President Donald Trump delivered his second State of the Union address.
At 3 a.m. ET, Dow futures were down 48 points, pointing to a negative open of more than 80 points. Futures for both the S&P 500 and the Nasdaq were also trading lower.
Markets focusedon Trump's address Tuesday as he vowed to build a wall that's the source of a deep partisan divide. Democrats did not yield to Trump's demand to fund the barrier, leading to a 35-day partial government shutdown during December and January.
On the data front, Wednesday will see U.S. trade deficit figures, productivity data and unit labor costs at 8:30 a.m. ET. Regards, Ted
