Global market report - November 16

UK Brexit developments are keeping traders on edge today, while US futures are being called down as trade fears weigh ahead of Thanksgiving

James Gard 16 November, 2018 | 7:00PM

North America

Futures have drifted lower on the last trading day of a disappointing week for US equities. The Dow Jones started the week above 26,000 points but is now 700 points lower. With a truncated trading week approaching and no great earnings or economic drivers on the immediate horizon, it’s hard to see what can turn sentiment around. A positive piece of concrete news on trade between the US and China would help but that seems remote.

Chipmaker Nvidia (NVDA) shares crashed in pre-market trading after missing revenue guidance.

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James Gard

James Gard  James Gard is subeditor for Morningstar.co.uk.