S&P stock futures fall, Asian stocks slip as U.S.-China trade tensions simmer

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S&P stock futures fall, Asian stocks slip as U.S.-China trade tensions simmer

U.S. stock futures fell and Asian shares slipped in early trade on Monday on growing uncertainty over whether the United States and China will be able to reach a deal to end their trade war after Washington sharply hiked tariffs. U.S. benchmark 10-year Treasury note yield inched down to 2.437%, partly as a safe haven but also on speculation a trade war would cloud global growth and thus keep major central banks accommodative. The United States and China appeared at a deadlock over trade negotiations on Sunday as Washington demanded promises of concrete changes to Chinese law and Beijing said it would not swallow any "bitter fruit" that harmed its interests.

https://finance.yahoo.com/news/p-stock-futures-fall-asian-004439224.html?.tsrc=rss
 
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