India, Sept. 24 -- In an unprecedented gesture, U.S. President Donald Trump offered a planeside welcome to Chinese President Xi Jinping at Joint Base Andrews, Maryland. Meanwhile, US Treasury Secretary Scott Bessent announced the extension of Busan trade truce from November 10 to January 10, easing risk of escalation in tariffs between the countries.
Initial signs from the U.S. Futures Index suggest that Wall Street might open lower on Thursday.
In the Asian trading session, oil prices were sharply higher. Brent crude futures were up 2.4 percent at $105.51 a barrel. Gold prices traded below $4,300 an ounce.
As of 7.45 am ET, the Dow futures were down 188.00 points, the S&P 500 futures were declining 46.00 points and the Nasdaq 100 future...