Wall Street set for muted open as trade uncertainty overhangs

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U.S. stock index futures edged lower on Thursday as early optimism after Britain's parliament voted to reject a disorderly Brexit was offset by ...

REUTERS: Wall Street was set to open flat on Thursday as uncertainty of trade talks between the United States and China offset optimism after Britain's parliament voted to reject a disorderly Brexit.

Tariff-sensitive Caterpillar Inc fell 0.7 percent in premarket trade while chipmakers, which rely on China for a large portion of their revenue also lost ground. A dovish Federal Reserve and hopes of a U.S.-China trade deal have helped the S&P rally about 12 percent this year and has put the benchmark index just 4.3 percent away from its September record closing high.

 

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