Wall Street Preview: How Will Stocks Fare When the Markets Open?

U.S. stock futures tiptoed higher as investors waited for the U.S. jobs report and watched progress talks among the world's most prominent leaders.

Author:: Edward Hardy
Publish date:: Jul 7, 2017 8:02 AM EDT

U.S. stock futures tiptoed higher as investors waited for the U.S. jobs report and watched progress talks among the world's most prominent leaders.

World leaders convened in Hamburg, Germany for the 12th meeting of the G-20 Friday, with the two-day summit of leaders from the world's biggest economies will likely address the escalating threat of North Korea, global trade and climate change.

North Korea has been on the world's radar after launching an intercontinental ballistic missile on July 4 that it says is able to carry a large nuclear warhead. The U.S. Defense Department believes the missile could reach as far as Alaska and possibly other parts of the North American mainland.

President Donald Trump and Russian President Vladimir Putin will meet on the sidelines of the summit to discuss, among other things, sanctions against Russia and the country's involvement in the fight against ISIS. Meeting outcomes will be closely dissected as the Trump White House continues to battle allegations of collusion with the foreign government during the 2016 election.

Trump will also have to justify his June decision to back out of the Paris Agreement, a worldwide voluntary commitment to fighting climate change.

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