Stocks – U.S. Futures Flat Ahead of Trade Talks

Investing.com – U.S. futures were flat on Thursday as investors remained cautious from mixed signals ahead of trade talks between the U.S. and China.

The South China Morning Post reported that no progress has been made in deputy-level trade talks that occurred before high-level talks on Thursday, which it said will last only one day instead of the two days originally scheduled (the White House told CNBC that that was inaccurate and that Vice Premier Liu He is still scheduled to depart Friday evening).

inched down 3 points or 0.1% by 6:52 AM ET (10:52 GMT), while slipped 32 points or 0.1% and S&P 500 futures were down 2 points or 0.1%.

PG&E slumped 26.9% after the utility company of hundreds of thousands of residents in Northern California in an attempt to avoid sparking another wildfire. Power is not likely to resume for days, the company said.

Activision Blizzard (NASDAQ:) dipped 0.6% after some of its employees staged a walkout in protest at the company’s decision to ban a player who voiced support of the Hong Kong protesters.

Elsewhere, Apple (NASDAQ:) inched up 0.5%, while Freeport-McMoran (NYSE:) gained 2.5%.

On the data front, weekly jobless claims figures and data come out at 8:30 AM ET, while is expected to publish its earnings before the open.

In commodities, futures lost 0.2% to $52.49 a barrel. inched down 0.1% to $1,511.45 a troy ounce, while the , which measures the greenback against a basket of six major currencies, fell 0.4% to 98.428.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.