U.S. stock futures fall on Thursday as investors eye developments in the U.S.-China trade war; oil prices slide on reports OPEC is nearing a deal to boost output; sales at Micron jump; Daimler issues a profit warning.
The Bank of England voted to hold rates steady at 0.5% Thursday, but a vote of 6-3 among the nine members of the rate setting Monetary Policy Committee suggest the policy tract is starting to get more hawkish ahead of the next meeting in August.
Is it Friday yet? These are the stories moving the market ahead of Thursday's opening bell.
The five biggest U.S stocks, all of which trade in the tech sector, could top $4 trillion in value Thursday, overtaking the collective worth of all but one of the world's stock markets.
A brief respite in trade war rhetoric has global stocks edging higher Thursday, but investors remain broadly cautious as China's state-run media continues to warn that it's ready to match U.S. tariffs.