U.S. Equity Futures Retreat, Dollar Edges Higher: Markets Wrap
Bloomberg
1/18/2021
Adam Haigh
(Bloomberg) -- U.S. and European equity futures dipped and Asian stocks were mixed Monday amid investor caution at the start of the week even as data indicated China’s economic recovery remains on track. The dollar nudged up.
South Korean shares retreated as sentiment toward chip component makers took a hit on news the Trump administration will restrict licenses to several Huawei Technologies Co. suppliers. Hong Kong and Chinese stocks gained after growth and industrial output data beat expectations. S&P 500 futures pointed lower with European contracts. Crude oil slipped.