Stock futures suggest consecutive losses for S&P 500
Stock-index futures pointed to a soft start for Wall Street Tuesday as investors look ahead to central-bank policy meetings and gauge developments on the U.S.-China trade front.Futures on the Dow Jones Industrial Average YMU19, -0.08% were down 44 points, or 0.2%, at 26,796, while S&P 500 futures ESU19, -0.16% lost 6.2 points, or 0.2%, to 2,972. Nasdaq-100 futures NQU19, -0.24% lost 21.75 points, or 0.3%, to 7,809.
Concerns about the U.S.-China trade battle appear to have moved to the back burner for investors after being blamed for volatile market action in August. U.S. Treasury Secretary Steven Mnuchin on Monday told Fox Business that he views renewed discussions with Beijing as a sign of good faith. Read: The ECB’s challenge: Pushing rates further into negative territory without wrecking eurozone banks
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