U.S. stock futures move off highs as Global Times editor tweets about China countermeasures

U.S. stock futures moved off their highs of the day as the editor-in-chief of the Global Times, Hu Xijin,tweeted that China will take further countermeasures (https://twitter.com/HuXijin_GT/status/1164848901897121792) in response to U.S. tariffs on $300 billion of goods. "Beijing will soon unveil a plan of imposing retaliatory tariffs on certain U.S. products. China has ammunition to fight back. The US side will feel the pain," he wrote. S&P 500 futures, which were as high as 2,936.50, rose 6.30 points, or 0.22%, to 2,928.60.

-Steve Goldstein; 415-439-6400; AskNewswires@dowjones.com


  (END) Dow Jones Newswires
  08-23-19 0645ET
  Copyright (c) 2019 Dow Jones & Company, Inc.

News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.