U.S. Stock Futures Drop as Trade-Talk Doubts Swirl: Markets Wrap

  • Chinese and American officials struggling to schedule meeting
  • S&P 500 contracts slide, though U.S. markets shut for holiday
UBS CIO Mark Haefele says he’s underweight European equities compared with U.S. and Japanese. Source: Bloomberg
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U.S. equity futures fell as Chinese and American officials struggled to schedule a planned meeting this month to continue trade talks. The pound slumped with the U.K. facing a showdown in Parliament over delaying Brexit again.