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U.S. Futures are Slightly Higher as the Trump Administration Disputes Foreign Investment Restriction Reports #Trade #Trump

U.S. Futures are slightly higher as the Trump administration disputes foreign investment restriction reports.  After reports surfaced that the Trump administration would limit investment of foreign countries in the U.S., trade advisor Peter Navarro said the administration had no plans to curb investment by China or any other foreign country in the U.S. The market pared losses after Navarro’s comments yesterday, however, failed to continue higher as the market weighs the mixed messages. Later this morning the market will get home price data from April and June consumer confidence.  European shares are higher after selling-off on Monday.  Asian shares closed mostly lower with China’s Shanghai composite closing in correction territory, now 20% from the 52-week high.

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