Market Snapshot: Stock-market futures zigzag as investors digest trade-war fears

Stock-index futures pointed to a mixed start for Wall Street on Friday, a day after equities plunged on the prospect of a global trade war as China fired its first retaliatory salvo against tariffs of up to $60 billion announced by the Trump administration.

Investors sought shelter in gold and the Japanese yen, which was trading at its highest levels since the U.S. presidential election in 2016, after one of the worst days for Wall Street in weeks. Asian markets picked up the baton with deep losses and European stocks opened sharply lower.

What are the main benchmarks doing?

Dow Jones Industrial Average futures YMM8, -0.03% erased an earlier loss that had reached 200 points.

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