U.S. stock index futures were slightly higher Monday morning.
Around 5:15 a.m. ET, Dow futures indicated a positive open of more than 90 points. Futures on the S&P and Nasdaq were both seen marginally higher.
Market focus is largely attuned to global trade developments, as investors continue to closely monitor a long-running dispute between the world's two largest economies.
U.S. national security advisor Robert O'Brien said on Saturday that a so-called "phase one" trade deal with China could happen before the end of the year. He also cautioned, however, that President Donald Trump would not ignore ongoing protests in Hong Kong.
Pro-democracy candidates in the embattled Asia city romped to a symbolic majority in district council elections over the weekend, after residents turned out to vote en masse following six months of anti-government protests. Hong Kong's Hang Seng index surged 1.5% to close at 26,993.04 after pro-democracy candidates surged to a landslide victory following a record voter turnout.
The U.S. and China have imposed tariffs on billions of dollars' worth of one another's goods since the start of 2018, battering financial markets and souring business and consumer sentiment.
On the data front, Dallas Fed manufacturing figures for November will be released at around 10:30 a.m. ET.
In corporate news, Jacobs Engineering will report earnings before the opening bell. Agilent, Palo Alto Networks, and PVH are among some of the companies set to report their latest quarterly results after the market close.
https://www.cnbc.com/2019/11/25/stock-market-wall-street-in-focus-amid-earnings-and-economic-data.html
2019-11-25 07:15:00Z
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