Wall Street Futures Edge Lower, Oil Holds Gains; Markets Await Apple Earnings

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Wall Street Futures Edge Lower, Oil Holds Gains; Markets Await Apple Earnings

U.S. equity futures edged lower Tuesday, as several major markets around the world remain closed for traditional holidays, with investors adopting a cautious stance to global equities amid rising commodity prices and the spectre of increasing trade tensions between Washington and Beijing. Britain's FTSE 100 added around 34 points, or 0.38%, by late morning in London, supported in part by a weaker pound sterling, which fell to 1.3689 against the U.S. dollar, the lowest since early January, after weaker-than-expected GDP and inflation readings last week poured water on Bank of England rate hike prospects. was the notable early market mover in London trading, rising 0.88% to 542 pence each after the oil major reported a stronger-than-expected first quarter 71% surge in its bottom line thanks to a 25% surge in oil prices from the same period last year.

https://finance.yahoo.com/m/d4cb96c...85aae/wall-street-futures-edge.html?.tsrc=rss
 
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