Market focus is largely attuned to global trade developments, after a senior Chinese diplomat ramped up the rhetoric against the U.S. amid a bitter trade war.
Market focus is largely attuned to global trade developments, after a senior Chinese diplomat ramped up the rhetoric against the U.S. amid a bitter trade war that is showing no sign of ending soon.naked economic terrorismWashington and Beijing have imposed tariffs on billions of dollars' worth of one another's goods since the start of 2018, battering financial markets and souring business and consumer sentiment.
Investors are likely to closely monitor a flurry of economic data on Thursday. The latest weekly jobless claims and a second reading of GDP data are both due at around 8:30 a.m. ET. Advance economic indicators and pending home sales for April are set for release slightly later in the session.
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