US Futures in Red The Тrade Wars continues

Futures show a negative start at Friday's session, with tension coming from disappointment in US-China talks published in Chinese state media.

"It is pointless to negotiate without the head of US," writes Tahtan Notes by WeChat, a Chinese official economic daily newspaper

China's rising rhetoric, which contrasts with its previous optimism in resolving the trade dispute, has forced investors to resign with the growing tensions between the two largest economies in the world.

Until now, US has banned the import of Huawei-branded machinery, China's meat retailer's response is a denial of pork import from the US, despite its shortage in China due to devastating swine flu that destroyed tons of animals.

Dow will open 0.5% on red, the S & P 500 is down 0.5%, and NASDAQ is down 0.6%.

Premarket:

Amazon (AMZN.US) will open 0.7% on red due to an investigation into the Deliveroo food supply chain in the UK.

Pinterest (PINS.US) collapsed by 14.8% after disappointing 1Q results.

Applied Materials (AMAT.US) is up 5.4% after a great quarterly report.

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