{"id":25948,"date":"2017-04-04T09:38:12","date_gmt":"2017-04-04T09:38:12","guid":{"rendered":"http:\/\/www.biphoo.com\/bipnews\/?p=25948"},"modified":"2017-04-04T09:38:12","modified_gmt":"2017-04-04T09:38:12","slug":"wall-street-expected-open-lower-investors-await-trump-xi-meeting","status":"publish","type":"post","link":"https:\/\/www.biphoo.com\/bipnews\/world-news\/wall-street-expected-open-lower-investors-await-trump-xi-meeting.html","title":{"rendered":"Wall Street expected to open lower, investors await Trump and Xi meeting"},"content":{"rendered":"<h2 style=\"text-align: justify;\">\n\t<span style=\"font-size:22px;\"><strong><span style=\"color:#000000;\"><span style=\"font-family:arial,helvetica,sans-serif;\">Wall Street expected to open lower,&nbsp;investors await Trump and Xi meeting<\/span><\/span><\/strong><\/span><br \/>\n<\/h2>\n<p style=\"text-align: justify;\">\n\t<span style=\"color:#000000;\"><span style=\"font-size:18px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">Wall Street expected to open lower, investors await Trump and Xi meeting: U.S. stock index futures pointed to a lower open on Tuesday morning as traders eyed a potentially tense meeting between U.S. President Donald Trump and Chinese premier Xi Jinping later in the trading week.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"color:#000000;\"><span style=\"font-size:18px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">Tuesday will see trade deficit data for February released at 8.30 a.m ET. Economists expect it to have narrowed in February to $44.8 billion from a five-year high of $48.5 billion. These are not typical market-moving data, but market participants will keep an eye on them because of Trump&#39;s meeting with the Chinese premier.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"color:#000000;\"><span style=\"font-size:18px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">Also on the data front, factory orders are scheduled at around 10 a.m ET.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"color:#000000;\"><span style=\"font-size:18px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">On the earnings front, Acuity Brand and International Speedway are both scheduled to report before the bell. A Schulman is due to report after the market close.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"color:#000000;\"><span style=\"font-size:18px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">Elsewhere, U.S. Federal Reserve Board Governor Daniel Tarullo is due to speak at Princeton on Tuesday on his penultimate day at the U.S. central bank.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"color:#000000;\"><span style=\"font-size:18px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">In Europe, the pan-European Stoxx-600 index was around 0.05 percent lower on Tuesday morning. In Asia, the Shanghai Composite in China closed 0.39 percent higher, while the Nikkei in Japan closed 0.91 percent lower.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"color:#000000;\"><span style=\"font-size:18px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">In oil markets, Brent crude traded at around $52.79 a barrel on Tuesday morning, down 0.64 percent, while U.S. crude was around $49.93 a barrel, down 0.62 percent.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"color:#000000;\"><span style=\"font-size:18px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">Oil prices dipped on Tuesday as investors eyed a seemingly relentless uptick in US drilling activity.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:8px;\"><span style=\"color:#000000;\"><span style=\"font-family:arial,helvetica,sans-serif;\">Source:-&nbsp;http:\/\/www.cnbc.com\/2017\/04\/04\/wall-street-expected-to-open-lower-investors-await-trump-and-xi-meeting.html<\/span><\/span><\/span><\/p>\n<div class=\"fb-background-color\">\n\t\t\t  <div \n\t\t\t  \tclass = \"fb-comments\" \n\t\t\t  \tdata-href = \"https:\/\/www.biphoo.com\/bipnews\/world-news\/wall-street-expected-open-lower-investors-await-trump-xi-meeting.html\"\n\t\t\t  \tdata-numposts = \"10\"\n\t\t\t  \tdata-lazy = \"true\"\n\t\t\t\tdata-colorscheme = \"light\"\n\t\t\t\tdata-order-by = \"social\"\n\t\t\t\tdata-mobile=true>\n\t\t\t  <\/div><\/div>\n\t\t  <style>\n\t\t    .fb-background-color {\n\t\t\t\tbackground: #ffffff !important;\n\t\t\t}\n\t\t\t.fb_iframe_widget_fluid_desktop iframe {\n\t\t\t    width: 630px !important;\n\t\t\t}\n\t\t  <\/style>\n\t\t  ","protected":false},"excerpt":{"rendered":"<p>Wall Street expected to open lower,&nbsp;investors await Trump and Xi meeting Wall Street expected to open lower, investors await Trump and Xi meeting: U.S. stock index futures pointed to a lower open on Tuesday morning as traders eyed a potentially tense meeting between U.S. President Donald Trump and Chinese premier [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25950,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5470],"tags":[837,16240,16239,16238,9862],"class_list":["post-25948","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world-news","tag-donald-trump","tag-dow-jones-fut","tag-investors-await-trump-and-xi-meeting","tag-wall-street-expected-to-open-lower","tag-xi-jinping"],"_links":{"self":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/25948","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/comments?post=25948"}],"version-history":[{"count":0,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/25948\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media\/25950"}],"wp:attachment":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media?parent=25948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/categories?post=25948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/tags?post=25948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}