Investors are closely monitoring news on the China-U.S. trade front

Posted on November 8, 2019

Spokesperson for the Chinese commerce ministry said that both sides had agreed to cancel existing tariffs in phases. Data released Friday morning showed that Chinese exports and imports declined less than expected in the month of October.

In corporate news, Allianz, Duke Energy, and Honda Motor are set to report earnings before the opening bell.

On the data front, consumer sentiment figures are due out at 10 a.m. ET, as well as wholesale trade numbers.