S&P 500 futures are now flat on the day after the headlines on the wires are saying that China is willing to speak to the US and wants to resolve the trade dispute via dialogue. That is they want to resolve this through talks but at the same time they are not going to back down as well if forced into a corner.
The only positive spin I can see from the Chinese response today is that they aren’t escalating the trade war further in terms of actions. Typically when US tariffs go into effect, you’d see China counter back with actions of their own. Today, they seem to be taking on a different approach at least.
So, yeah. I’m not seeing much of a change to the narrative just yet
US futures pare losses on China headlines
