TOKYO:Wall Street stock futures weakened in early trade on Monday, setting a dour tone for Asian markets after tit-for-tat tariffs between the United States and China took effect, reinforcing investors' gloomy expectations for global growth prospects. The E-mini futures for U.S. S&P500 fell as much as 1.06% in early trade and last stood down 0.68% at 2,905 while Chicago-traded Nikkei futures suggest Japan's Nikkei is on course to fall 0.7%. MSCI's broadest index of Asia-Pacific shares outside Japa, which lost 4.7% last month, is likely to stay under pressure.
TOKYO:Wall Street stock futures weakened in early trade on Monday, setting a dour tone for Asian markets after tit-for-tat tariffs between the United States and China took effect, reinforcing investors' gloomy expectations for global growth prospects.
The E-mini futures for U.S. S&P500 fell as much as 1.06% in early trade and last stood down 0.68% at 2,905 while Chicago-traded Nikkei futures suggest Japan's Nikkei is on course to fall 0.7%.
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