US futures contracts fall in Investing.com trade negotiations

Investing.com – US equity futures have indicated a slightly lower opening on Tuesday, as traders await new developments since the last round of US-China trade talks, which is expected to resume later in the day .

They were down around nine points at 06:55 ET (11:45 GMT), while they were down 91 points and tech-heavy points at a 20-point drop.

Markets should reopen Tuesday after Monday's holiday.

A new session is scheduled to open Tuesday in Washington, with follow-up sessions at a higher level expected to take place later in the week, the White House announced Monday.

The negotiations follow a series of negotiations that ended in Beijing last week without an agreement, but which, according to officials, have led to progress.

US tariffs on imports of $ 200 billion from China are expected to increase from 10% to 25% if no agreement is reached on March 1st.

In earnings, Walmart (NYSE 🙂 is one of the last notable names to release its quarterly results, as the fourth quarter earnings season draws to a close.

The retail giant will publish a profit of 1.33 USD per share for a turnover of 138.81 billion USD for the three months prior to January 31, according to analysts surveyed by Investing.com, before the announcement of the announcement.

Same-store sales in the United States are expected to increase by 3.0% over the previous year

Other notable companies that publish results include Advance Auto Parts, Medtronic (NYSE :), and Herbalife (NYSE 🙂

On the economic front, investors will turn to the National Home Builders Association at 10:00 am ET (3:00 pm GMT).

In commodities, it rose 0.72% to $ 1,331.6 troy ounce, while it was trading near the three-month high at $ 56.45 a barrel. The, which measures the greenback against a basket of six major currencies, rose 0.18% to 96.91.

– Reuters contributed to this report