Pre-Market Report – Thursday 12 June: SPI futures up 18 | US/China trade deal 'good enough'
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Pre-Market Report – Thursday 12 June: SPI futures up 18 | US/China trade deal 'good enough'
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Wall Street was in the red last night as initial optimism following positive developments in the US-China trade deal faded during the session as Middle Eastern tensions came into focus. Reports suggested the US would partially evacuate its Iraqi embassy as Iran threatened to strike US bases if nuclear negotiations failed. S&P 500 down 0.27%, NASDAQ down 0.50%. Dow rose steadily throughout the day, but fell with the other indices as the Middle Eastern developments unfolded.
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