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US Futures are Lower Despite US and China Trade Talks Continuing #TradeTalks #Earnings #Walmart

US futures are lower despite better than expected earnings out of Walmart as trade talks between the US and China continue. Trade talks are expected to begin today and higher level talks are expected later this week. The Dow is getting a boost out of Wal-Mart after they reported better than expected earnings on the bottom line while also showing a better than expected same store sales number. Markets in Asia closed mixed with the Hang Seng lower while the Shanghai market was slightly higher as uncertainty over trade talks kept investors at bay while European markets are trading lower led by the FTSE. Later today, traders will look forward to the National Association of Home Builders housing market index.    

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