U.S. Stock Futures Advance; Pound Drops on Brexit: Markets Wrap
- Sterling falls as U.K. Brexit stance draws fire; FTSE higher
- Emerging market shares drop; U.S. closed for Labor Day holiday
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U.S. equity futures climbed on Monday and stocks closed steady in Europe. Emerging markets were lower, with Argentina slumping the most, while investors assessed the complex outlook for international trade. The pound weakened as the U.K.’s flagship Brexit proposal came under attack at home and in Brussels.
U.S. equity futures are closed until 6 p.m. New York time.