Futures turn lower as investors flock to bonds, gold

Business

FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., August 6, 2019. REUTERS/Brendan McDermid

(Reuters) – U.S. stocks futures turned lower on Wednesday after investors flocked to safe-haven gold and U.S. government bonds amid worries over the escalation in U.S.-China trade war denting global growth.

At 8:15 a.m. ET, Dow e-minis 1YMcv1 were down 167 points, or 0.64%. S&P 500 e-minis EScv1 were down 16.5 points, or 0.57% and Nasdaq 100 e-minis NQcv1 were down 42.75 points, or 0.57%.

Reporting by Medha Singh in Bengaluru

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