Dow predicts higher than consumer spending and inflation



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Futures on US stock indexes were slightly higher on Friday morning.

At around 06:06, Dow futures posted a positive opening of more than 70 points. Futures on the S & P and Nasdaq were also higher.

Wall Street ended Thursday on a lower note as traders were informed of the changing market situation and a whistleblower complaint against President Donald Trump.

On the US-China trade front, the two delegations are expected to resume negotiations on Oct. 10 in Washington DC, according to CNBC, citing three sources. Both countries have entered a tariff war since 2018 and their trade talks are aimed at resolving their trade disputes.

For her part, Nancy Pelosi, Speaker of the House of Representatives, said that the White House had tried to "conceal" the president's call with his Ukrainian counterpart. The call has sparked an impeachment investigation among the delegates in the House, but this process must be approved by the Senate, where the Republican party has the majority.

On the data front, durable goods, personal income and the number of consumers are coming out at 8:30 am.

No major company earnings are expected for Friday.

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