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US stock index futures were slightly higher on Friday morning, putting the Dow Jones Industrial Average and the S & P on the brink of record all-time records.
At approximately 5:30 am ET, Dow futures were up 68 points, indicating an opening of more than 75 points. Futures on the S & P and Nasdaq were both slightly higher.
The Dow seeks to surpass the record of 27,398.68 intra-day, while the S & P 500 is close to its previous record of 3,027.98 points. Each index ended the previous session only slightly higher, below their respective records.
The focus on markets is largely tied to global trade developments as the world's two largest economies continue to prepare for early October talks to break the stalemate in their markets. commercial war.
On Thursday, the United States welcomed the resumption of purchases of US agricultural products by China. President Donald Trump said he expects Beijing to buy "large quantities" of agricultural products.
His comments came after his decision to postpone the increase in customs duties on Chinese goods worth $ 250 billion from October 1 to 15, as a "gesture of goodwill" towards China.
The United States and China have imposed tariffs on billions of dollars of reciprocal merchandise since the beginning of 2018, hitting financial markets and harming consumer and business confidence.
Meanwhile, the European Central Bank (ECB) on Thursday announced a new massive bond buying program, with the aim of boosting the troubled economy of the eurozone. The ECB also lowered its main deposit rate by 10 basis points, to -0.5%, a record level, but in line with market expectations.
The US Federal Reserve, the Bank of Japan and the Bank of England will conclude their respective policy meetings next week.
As for the data, August retail sales and August import prices will be released around 8:30 am ET. Consumer sentiment for September and corporate stocks for July will follow a little later in the session.
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