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Dow Futures Dip as China Trade Delay Report Erases Brexit Vote Boost

Martin Baccardax

Wall Street futures suggest modest declines in cautious Thursday trading amid reports of a delay in the planned trade summit between Presidents Trump and Xi. European stocks hit a five-month high after UK lawmakers vote to remove "hard Brexit" risk, but significant uncertainty over the government's next steps, and today's vote on a Brexit extension, keep gains in check. Global oil prices extend gains, holding WTI crude near three-month highs, as OPEC cuts, US sanctions and a bigger-than-expected EIA drawdown continue to support markets.