Stock futures are little changed after U.S.-China trade concerns lead to tumultuous session: Live updates

U.S. banal futures were small changed connected Tuesday night, pursuing a volatile league for stocks, arsenic traders digested the latest developments successful the U.S.-China commercialized war.

Futures tied to the Dow Jones Industrial Average were trading astir the flatline. S&P 500 futures and Nasdaq 100 futures were besides small changed.

The moves followed a tumultuous time of trading for each 3 indexes.

The S&P 500 attempted to signifier a comeback from Tuesday's lows of the day, but yet closed down 0.2% aft President Donald Trump threatened China with a cooking lipid embargo precocious successful the league arsenic retaliation for Beijing not buying U.S. soybeans. On Tuesday, the benchmark was up arsenic overmuch arsenic 0.4% and down arsenic overmuch arsenic 1.5%.

The Nasdaq Composite fell 0.8% to extremity the day, though it was down 2.1% astatine its lows. The Dow Jones Industrial Average bucked the inclination to emergence 0.4%, oregon 202.88 points, though it had fallen arsenic overmuch 1.3% connected Tuesday morning.

Tuesday's quality was the latest ramp-up successful commercialized tensions betwixt the U.S. and China. On Monday night, China enactment new sanctions connected 5 U.S. subsidiaries of South Korean shipbuilder Hanwha Ocean. This followed Trump's threats past Friday to spot an further 100% tariff connected immoderate goods coming from China aft Beijing imposed strict export controls connected uncommon world minerals. Trump's tariffs could spell unrecorded connected Nov. 1 oregon sooner, depending connected China's adjacent move, U.S. Trade Representative Jamieson Greer told CNBC Tuesday.

"A batch depends connected what the Chinese do," Greer said. "They are the ones who person chosen to marque this large escalation."

While nary large economical releases are connected the calendar for Wednesday, investors volition beryllium looking guardant to different large time of firm net from the large U.S. banks. Bank of America, Morgan Stanley, PNC Financial, Abbott Labs and ASML are among the names acceptable to study net Wednesday earlier the bell.

But adjacent if net travel successful amended than expected, Wall Street seasoned Art Hogan believes that stocks volition apt commercialized sideways from here, wavering adjacent all-time highs arsenic agelong arsenic commercialized warfare uncertainty persists. The main marketplace strategist astatine B. Riley Wealth Management besides said the U.S. authorities shutdown is different headwind for the market.

"The longer it lasts, the much economical harm it does upfront. So that's affecting confidence. It's apt going to impact guidance from Corporate America during the league calls," helium said to CNBC. "Earnings seasons whitethorn good beryllium overmuch amended than expected crossed the board, with the accustomed percent of companies that bushed and rise and each that. I conscionable don't deliberation that that acts arsenic a tailwind, necessarily, until we get person to the authorities reopening and possibly much clarity connected our commercialized narration with China."