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image: Reuters

Stock market set for lower open after Trump raises trade doubts

May 23, 2018

U.S. stock-index futures pointed to a solidly lower open on Wednesday, as geopolitical and trade concerns continued to nag at investors, reversing optimistic sentiment toward these issues that had spurred an equity rally at the start of the week.

What are markets doing?

Dow Jones Industrial Average futures YMM8, -0.67% slipped 193 points, or 0.8%, to 24,652, while S&P 500 futures ESM8, -0.60% lost 18.85 points, or 0.7%, to 2,707.50. Nasdaq-100 futures NQM8, -0.95% fell 71.75 points, or 1%, to 6,837.50.

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