US stock markets set for a lower open as trade optimism fades

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US stock markets set for a lower open as trade optimism fades
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U.S. stock index futures were lower Friday morning as investors continued to monitor U.S.-China trade relations and movements in the bond markets.

Overnight, Bloomberg reported that the U.S. is holding off on giving permission to U.S. companies to use Huawei products, citing people familiar with the matter.

At around 02:30 a.m. ET, Dow futures fell 89 points, indicating a negative open of more than 69 points. Futures on the S&P and Nasdaq were also slightly lower.

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