Wall Street seen higher as China trade remains in focus

Markets 9/14/2018, 12:17 PM
Wall Street seen higher as China trade remains in focus

Wall Street was expected to open in the green on Friday as the market's attention was focused on the United States-China trade negotiations. Earlier, a spokesperson from China's ministry of commerce said a new round of trade negotiations was being discussed, confirming an earlier report from the Wall Street Journal claiming that US Treasury Secretary Steven Mnuchin invited China to a new round of trade talks. On the economic data front, investors were waiting for the report on the US retail sales.

The Dow Jones Industrial Average was set to gain 0.15% at the open, the S&P 500 was expected to rise 0.16%, while the Nasdaq 100 was seen advancing 0.37%.

The euro was up 0.07% against the dollar at 12:03 pm CET, buying 1.16976.

Breaking the News / MD


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