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Cisco, Tilray, Aurora Cannabis, Alibaba, Trade Talks - 5 Things You Must Know

Joseph Woelfel

U.S. stock futures were lower Wednesday though sentiment was lifted by a softening of the rhetoric from Donald Trump in the U.S.-China trade war and suggestions that talks could resume in the coming weeks. Markets also were soothed by weaker-than-expected economic data from China that pointed to not only slowing growth in the world's second-largest economy but also a weakening bargaining position in Beijing's trade standoff with Washington. With President Trump describing the dispute with China as "a little squabble" on Tuesday, as well as confirmation from the U.S. Treasury that Secretary Steven Mnuchin will soon travel to Beijing to resume trade talks, markets were happy to add risk following Tuesday's gains on Wall Street.