Dow futures rebound more than 180 points - CNBC

Brexit

In Europe, a cross-party alliance of rebel lawmakers defeated British Prime Minister Boris Johnson in parliament on Tuesday, moving to prevent him from taking the country out of the European Union without a formal agreement on October 31.

It prompted the new prime minister to announce he would immediately push for a snap election.

Sterling has since pared some of its recent losses against the U.S. dollar. The U.K. currency edged up 0.2% to climb above $1.21 Wednesday morning, after falling to its lowest level since October 2016 in the previous session.

Data, earnings

On the data front, weekly mortgage applications were due out at 7 a.m. ET. International trade figures for July will be released at 8:30 a.m., and light vehicle sales data for August were set to follow later in the session.

In corporate news, American Eagle Outfitters, Navistar, and Vera Bradley are among some of the companies scheduled to report earnings before the opening bell.

Copart, Palo Alto Networks, and Slack are among the companies set to report their latest quarterly results after market close.

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https://www.cnbc.com/2019/09/04/stock-market-wall-street-monitors-us-china-trade-war.html

2019-09-04 06:59:25Z
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