Wall Street set to open higher on trade optimism

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U.S. stock index futures rose on Friday, the last trading day of the quarter, as the latest round of U.S.-China trade talks ended on a positive ...

REUTERS: Wall Street's main indexes were set to open higher on Friday, the last trading day of the quarter, as the latest round of U.S.-China trade talks ended on a positive note.

"It has been a surprisingly strong quarter. People are feeling much better than they were in the beginning of the first quarter and that's a positive sign, but there are still some concerns like trade, and the inverted yield curve," said Robert Pavlik, chief investment strategist and senior portfolio manager at SlateStone Wealth LLC in New York.

On Thursday, data showed U.S. GDP growth slowed in the fourth quarter, keeping it below the 3 percent target.

 

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