Wall Street’s main indexes were set to retreat at the open on Monday as comments by President Donald Trump dampened expectations around a U.S.-China trade deal, while escalating violence in Hong Kong added to investor worries. Hopes of a “phase one” deal to end the damaging 16-month trade war and largely upbeat corporate earnings have sparked a rally that helped the three major stock indexes close at record highs on Friday. Trade-sensitive stocks Caterpillar Inc, Advanced Micro Devices Inc, Micron Technology Inc and Intel Corp shed about 1% each in premarket trading. …read more
Source:: Yahoo Finance
