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

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© Reuters. © Reuters. – 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.

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