The cautious open follows mixed trading in Asia-Pacific overnight, where mainland Chinese and South Korean shares advanced while stocks in Hong Kong and Australia retreated slightly.
Stateside, stock futures for Tuesday are slightly higher following a rally on Monday, as investors prepare for the first presidential debate between President Donald Trump and Democratic challenger Joe Biden, with a clear victory for either party likely to cause some market movement. Sentiment will likely be buoyed somewhat by news of progress toward a fresh fiscal stimulus package in the U.S., with House Speaker Nancy Pelosi announcing on Monday night that the Democrats were, smaller than initially proposed but still well above what Republican leaders have offered.
Back in Europe, the U.K. and the European Union have indicated that a Brexit deal is still some way off after negotiations recommenced Monday over implementing their Withdrawal Agreement, which British Prime Minister Boris Johnson's government has sought to renege on.
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Source: CNBC - 🏆 12. / 72 Read more »