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6/6/2018, 12:17 PM (Source: TeleTrader)
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Wall Street seen mixed as US-China trade row lingers

Markets in the United States were projected to start the trading session on Wednesday mixed, as trade disagreements between two of world's largest economies, United States and China, remain unresolved. Yesterday, the Wall Street Journal reported that China is prepared to purchase $70 billion worth of American products under the condition that Washington doesn't introduce the announced tariffs on Chinese goods. Meanwhile, Mexico said it introduced retaliatory measures that would affect $3 billion worth of American goods. Investors will also be watching data on the US trade balance and nonfarm productivity set for release before the bell.

The Dow Jones Industrial Index is expected to open 0.35% higher, while the S&P 500 was projected to rise 0.19% at the opening bell.

The Nasdaq 100 was seen 0.20% in the red.

The euro added 0.43% against the dollar, selling for $1.1767 at 12:13 pm CET.

Baha Breaking News (BBN) / NI