Stocks are pointing toward a lower open as the tensions between the U.S. and China continue to simmer over the recent arrest of Huawei's CFO. Meng Wanzhou, detained in Vancouver for allegedly violating U.S. sanctions on Iran, was denied bail Friday and the case will continue today. While President Trump's administration is seeking to keep the arrest and trade negotiations separate, the market continues to view them as intertwined. In early pre-market trading, Dow futures are 54 points below fair value, Nasdaq futures are 11 points below fair value and S&P futures are 6 points below fair value.