Dow Struggles for Momentum as China Reignites Trade War

Dow Jones, Dow Futures, Dow

Dow Jones futures struggled for traction on Wednesday, pointing to a flat open on Wall Street.

Traders are yet again weighing the impact of a trade war as China moves towards a hard-line stance on negotiations. It comes just a day after Trump said there was “a long way to go” and threatened further tariffs.

Dow Jones flat ahead of Wednesday’s open

As of 7.25 am EST, Dow Jones Industrial Average futures traded at 27,334, a mere 6 points higher (0.02 percent).

Dow futures chart

S&P 500 futures were similarly unchanged at 3,008 while Nasdaq Composite futures held at 7,953.

China takes a hard line on negotiations

Xi Jinping has reportedly invited a new member to the negotiating table and, according to the White House, he’s a tough negotiator.

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