U.S. stock futures point to a strong Thursday's open for the Dow as bond yields move generally higher and China said it's willing to talk trade.
. Adding support, bond yields were generally higher and China said it's willing to talk trade with the U.S. Wednesday's advance on Wall Street put the Dow on track for its strongest weekly gain in 10 weeks. The Dow, S&P 500 and Nasdaq were all on pace to break a string of four consecutive losing weeks. However, they were still tracking for hefty losses in August with only two trading days left in the month.A Chinese and U.S.
on Monday that China called over the weekend with the desire of reaching a deal soon. Officials previously said they were unaware of such a call.Falling bond yields on concerns about the trade war and the global economy paused Thursday, with most of the yield curve. However, the yield inversion recession signal was still flashing, as the 10-year Treasury and 2-year remained upside down, and the 30-year yield was actually lower than the 3-month.
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