Market focus is largely attuned to global trade developments, after the world's two largest economies agreed to resume trade negotiations.
Market focus is largely attuned to global trade developments, after the world's two largest economies agreed to resume trade negotiations over the weekend.offered concessions to his Chinese counterpart when the two leaders met on the sidelines of the Group of Twenty summit in Japan last week.
These included no new charges and an easing of restrictions on Chinese telecommunications giant Huawei in order to soothe tensions with Beijing. On the data front, manufacturing PMI data for June is scheduled at around 9:45 a.m. ET. Construction spending for May and ISM manufacturing index for June will both be released slightly later in the session.
The U.S. Treasury is set to auction $36 billion in 13-week bills and $36 billion in 26-week bills on Monday.
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