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Friday, March 1, 2019

What's moving markets today

US stock futures are pointing higher this morning.

European markets opened with gains, following a positive session in Asia.

Chinese stocks finished the week on a positive note after the Trump administration shelved its threat to sharply increase tariffs on $200 billion of Chinese exports. There was also some positive economic data out of China.

The Dow, the S&P 500 and the Nasdaq each dropped 0.3% yesterday. Despite the losses, the three main markets all posted overall gains in February.

Looking ahead, Foot Locker (FL), Scripps (SSP), TEGNA (TGNA) and Tribune Media (TRCO) plan to post earnings before the open.

The US Bureau of Economic Analysis will also release its core personal consumption report for December at 8:30 a.m. ET. And the Institute of Supply Management will release manufacturing data at 10 a.m. ET.

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