Stock futures higher on news of U.S.-China trade talks

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Stock futures higher on news of U.S.-China trade talks
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U.S. stock index futures rose on Thursday as the United States and China agreed ...

Wall Street came under pressure at the start of the week as Beijing and Washington began slapping tariffs on each other’s good as well as data that showed a contraction in U.S. factory activity in August.

Market participants are currently expecting a quarter percentage point cut in interest rates by the Federal Reserve at its mid-September meeting. Among other stocks, Slack Technologies Inc fell 13.1% after the workplace messaging platform on Wednesday forecast slowing revenue growth in the second half and a bigger-than-expected third-quarter loss.

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