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The Breakfast Briefing: Dow Futures Fall Amid Concerns Over Trade, Global Growth
FYI: U.S. stock index futures were lower Friday morning, with market participants increasingly worried about a broadening global economic slowdown.
At around 4:00 a.m. ET, Dow Jones Industrial Average futures slipped 70 points, indicating a negative open of more than 75 points. Futures on the S&P 500 and Nasdaq Composite were also seen relatively downbeat.
Market focus is largely attuned to global trade developments, after President Donald Trump said he did not plan to meet with Chinese President Xi Jinping before a March 1 deadline to reach a deal.
Trump's stance rattled investors hoping for a positive resolution to a long-running trade dispute between the world's two largest economies. Regards, Ted