Stock Futures Push Through Trade Worries

2018-06-29 4


Reuters reports that U.S. stock index futures rose slightly on Thursday. This after China approved a U.S. chipmaker deal and Accenture posted strong results. uncertainty about Washington’s trade stance with China, however, weighed on the mood.
Chipmaker Marvell Technology jumped 11.8 percent in premarket trading. This after the company said it got Chinese regulatory approval for its $6 billion acquisition of smaller rival Cavium Inc. Cavium rose 5.7 percent.

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