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The Breakfast Briefing: Dow Futures Point To A Lower Open Ahead Of Earnings, Fed Speeches

FYI: U.S. stock index futures were slightly lower Thursday morning, as investors turned their focus to a slew of corporate earnings reports.

At around 2:25 a.m. ET, Dow futures slipped 50 points, indicating a negative open of more than 62 points. Futures of the S&P and Nasdaq were also seen relatively downbeat.

Market focus is largely attuned to global trade developments, with officials from the world's two largest economies poised to meet for a fresh round of talks next week.

U.S. Treasury Secretary Steven Mnuchin said on Wednesday trade representatives from Washington and Beijing would both aim to reach a deal next week. The talks come with less than three weeks to go before a March 2 deadline could see an increase in U.S. tariffs on Chinese products.

The S&P 500 snapped a 5-day winning streak on Wednesday despite a mixed set of earnings. Overall, stocks fell during Wednesday's session. There was a strong focus on the tech sector given their latest earnings reports.
Regards,
Ted

WSJ:
https://www.wsj.com/articles/global-stocks-stumble-on-weak-data-in-europe-11549529584

Bloomberg:
https://www.bloomberg.com/news/articles/2019-02-06/asia-eyes-muted-start-for-stocks-dollar-advances-markets-wrap

IBD:
https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-top-stocks-chipotle-earnings-chipotle-stock-irobot-stock-match-stock/

Reuters:

CNBC:
https://www.cnbc.com/2019/02/07/stock-market-us-stocks-focus-on-earnings-and-trade-war.html

Europe:
https://www.reuters.com/article/us-europe-stocks/european-shares-ease-as-publicis-gea-and-tui-earnings-weigh-idUSKCN1PW0S5

Asia:
https://www.marketwatch.com/story/asian-markets-mostly-rise-after-rba-sparks-hopes-of-interest-rate-cuts-2019-02-06/print

Bonds:
https://www.cnbc.com/2019/02/06/us-bonds-market-participants-monitor-fed-speeches-treasury-auctions.html

Currencies:
https://www.cnbc.com/2019/02/07/forex-markets-australian-dollar-japanese-yen-in-focus.html

Oil:
https://www.cnbc.com/2019/02/07/oil-markets-us-crude-opec-us-sanctions-on-venezuela-in-focus.html

Gold:
https://www.cnbc.com/2019/02/07/gold-markets-dollar-global-economy-in-focus.html
Current Futures:
https://finviz.com/futures.ashx




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