U.S. stocks were set to open slightly lower Tuesday morning.
Huawei dropped Tuesday one of its lawsuits against the U.S. This happened after some equipment seized by Washington nearly two years ago was returned to the company, CNBC reported.
Investors will be looking ahead to a new Job Openings and Labor Turnover Survey , due at 10:00 a.m. ET. There is also Apple's event on the radar, starting at 10:00 a.m. ET, where the tech giant is due to launch new products.At around 3:00 a.m. ET, Dow futures fell 32 points, indicating a negative open of more than 34 points. Futures on the S&P and Nasdaq were both also marginally lower.
The Dow posted its fourth straight day of gains Monday, on the back of renewed optimism in U.S.-China trade talks. The U.S. Treasury Secretary, Steven Mnuchin, said that there is a "conceptual agreement" around intellectual property theft with China. This is one of the most contentious issues between both countries.This happened after some equipment seized by Washington nearly two years ago was returned to the company, CNBC reported.
There is also Apple's event on the radar, starting at 10:00 a.m. ET, where the tech giant is due to launch new products.Related Tags
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