European stocks are set to open lower Wednesday morning, as investors continue to monitor trade talks between the world’s two largest economies.
Market focus is largely attuned to trade discussions between the U.S. and China this week, with investors hopeful they might be able to find a way to resolve an escalating global trade conflict.
In Asia, stocks eked out gains Wednesday, with sentiment boosted by Wall Street’s rise and a record intraday high for the S&P 500 in the previous session. MSCI’s broadest index of Asia-Pacific shares, excluding Japan, rose 0.3 percent.
Stateside, S&P futures turned lower Wednesday morning as market participants assessed the potential impact of a guilty plea from Trump’s former personal lawyer, Michael Cohen, and the conviction of former Trump campaign chairman, Paul Manafort.