U.S. futures are lower as trade tensions weigh. Additional companies announced that they will suspend future business with Huawei in order to comply with the U.S. ban. The latest companies to comply with the ban include Arm Holdings, Panasonic, Vodafone and others. On the data front, weekly jobless claims rose by 1,000 to 211,000, below expectations of 215,000. Later this morning the market will get a look at new home sales from April. European shares are lower with auto stocks leading the declines. German manufacturing was weaker than expected in May, falling slightly from 44.4 to 44.3. Asian stocks closed lower with Chinese stocks leading the losses. India’s Nifty 50 closed near record highs over election optimism.