US Futures Point South as Trade Tensions Linger



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US stock futures pointed south Monday amid the continued trade tensions between the US and China, with Vice President Mike Pence sharpening US rhetoric at the Asia-Pacific Economic Cooperation summit.

Oil prices were narrowly mixed with global benchmark Brent Crude down 0.09%, while US West Texas Intermediate crude was up 0.04% recently amid expectations that top exporter Saudi Arabia will push its peers to cut supply toward the end of the year.

At 10 am, data are expected to show November’s housing market index holding steady at 68, according to data compiled by Econoday.

In equities, shares of JD.com ( JD ) were trading 4% lower pre-bell, after the e-commerce company reported Q3 revenue shy of the average Street estimate, while adjusted earnings topped expectations.


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Referenced Symbols: JD

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