S&P 500 Futures Drop as U.S. Said to Ready Tariffs: Markets Wrap
U.S. equity futures erased gains after it was revealed that the Trump administration is preparing a list of more Chinese goods to be hit with tariffs. Stocks had climbed in the regular trading session Tuesday and Treasuries fell as a lull in the trade war gave investors room to focus on the start of earnings season. Earlier, the S&P 500 Index closed higher for a fourth day, the longest streak since the beginning of June.