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Stock impact report

Futures point to higher open after Trump scraps key North Korea summit [CNBC]

Foot Locker, Inc. (FL) 
Last foot locker, inc. earnings: 2/28 06:45 am Check Earnings Report
Company Research Source: CNBC
U.S. stock index futures pointed to a higher open Friday morning, amid improving market sentiment after President Donald Trump called off a key summit with North Korea. At around 4:45 a.m. ET, Dow futures rose 62 points, indicating an implied open of around 41 points higher. The Nasdaq and S&P 500 futures pointed to a flat-to-positive start to the session for both of their respective markets. The moves in pre-market trade followed Trump's abrupt decision to scrap a landmark summit with North Korean leader Kim Jong Un . The meeting would have been the first face-to-face encounter between a sitting U.S. president and a North Korean premier. In response, Pyongyang's vice foreign minister said the country still hoped for a Trump formula , before adding the Asian state would remain open to resolving long-standing issues with the world's largest economy. This helped market sentiment to recover Friday morning with European stocks posting solid gains. U.S. stocks finis Show less Read more
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