S&P 500 futures were flat this morning, following Asian and European indexes which also moved only marginally. The lack of drama in the markets seems to be an indicator that investors are waiting to see what emerges from the U.S. trade talks with China in London.
The U.K.’s FTSE 100 rose 0.42% this morning, maintaining its all-time high above 8,869, on news of a major spending package proposed by Keir Starmer’s Labour government and NATO plans to increase defense spending continent-wide to 5% of GDP for each member country.
Here’s a snapshot of the action prior to the opening bell in New York:
