US futures point to higher open after US-China trade deal

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US futures point to higher open after US-China trade deal
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U.S. stock index futures were higher Thursday morning ahead of another batch of corporate earnings.

U.S. equities gave up most of their gains Wednesday, after a much-anticipated ceremony at the White House where President Donald Trump and Chinese Vice Premier Liu He signed a "phase one" trade deal.

Elsewhere, investors are also monitoring corporate earnings with Morgan Stanley, Bank of NY Mellon, Charles Schwab and CSX due to report Thursday.At around 1:30 a.m. ET, Dow futures rose 44 points, indicating a positive open of more than 173 points. Futures on the S&P and Nasdaq were also higher. U.S. equities gave up most of their gains Wednesday, after a much-anticipated ceremony at the White House where President Donald Trump and Chinese Vice Premier Liu He signed a "phase one" trade deal. Under the agreement, China is set to buy an additional $200 billion in U.S. goods over the next two years., CNBC reported. Both figures would represent a record-breaking acceleration of U.S. exports to China.

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