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Futures higher after report of U.S. and China being willing to talk trade


Futures are pointing to opening gains for the major averages after a Bloomberg report indicated that both and China and the Trump administration are signaling a willingness to resume trade talks, which comes as a relief after the U.S Trade Representative yesterday released a list of $200B in Chinese imports that may become subject to 10% tariffs. Data on the domestic economic calendar includes the Consumer Prices Index for June at 8:30 am ET and the weekly report on initial jobless claims. In early pre-market trading, Dow futures are 182 points above fair value, Nasdaq futures are 30 points…

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