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Futures turn positive as Trump backs down on China

Published 06/27/2018, 08:46 AM
© Reuters.  Futures turn positive as Trump backs down on China
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  • Instead of invoking a little-used national emergency law to block Chinese investments in U.S. technology companies, the White House will push Congress to strengthen CFIUS, according to multiple reports.
  • Previously: Trump takes softer than expected approach to foreign tech investments (June 27)
  • S&P 500 (NYSEARCA:SPY) futures have added 0.5% since the news hit, now up 0.15% on the session.
  • Now read: Still Just A 'Correction', Or The Start Of A Bear Market Instead?


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