Futures mixed after Daimler warns on tariff impact

Stock futures are mixed, with the Dow lower, the Nasdaq higher and the S&P little changed as the trade war deepens between the U.S. and China. China has accused the U.S. of trade abuses, while the U.S. continues to accuse China of stealing technology. India has now joined Europe in imposing retaliatory tariffs on U.S. goods as the trade war reach extends and Daimler AG has blamed increased import tariffs for U.S. vehicles into the Chinese market for fewer than expected SUV sales and higher than expected costs. In pre-market trading, Dow futures are 55 points below fair value, Nasdaq futures are 11 points above fair value and S&P futures are virtually flat.