Reuters Before the Bell: Stock futures steady on trade optimism

Click to View in Browser Tuesday, January 8, 2019 Stock futures steady on trade optimism U.S. stock index futures pointed to a third consecutive day of gains for Wall Street on Tuesday, lifted by expectations that the United States and China would strike a deal to end their months-long trade war that has battered financial markets. Samsung Electronics says weak chip demand sent fourth-quarter profit well below market estimates Samsung Electronics surprised the market on Tuesday with an estimated 29 percent drop in quarterly profit, blaming weak chip demand in a rare commentary issued to "ease confusion" among investors already fretting about a global tech slowdown. Stocks stay strong as Europe shrugs off Samsung warning A solid shift from Europe and high Wall Street futures kept world stocks at a three-week high on Tuesday, after Asia was knocked back by a shock profit warning from tech giant Samsung and a tick-up in borrowing costs. U.S.-China trade talks extend into evening of second day: source A second day of U.S.-China trade talks in Beijing extended into Tuesday evening, a source with knowledge of the meetings said, as the world's two largest economies looked to resolve a bitter trade dispute. Monsanto patent victory seen spurring biotech investment in India India's Supreme Court ruled on Tuesday that Monsanto can claim patents on its genetically modified (GM) cotton seeds, a victory for the U.S. company that is expected to encourage biotechnology firms to step up investment in the country. 'We are down, but not out': Sears gets feisty on social media The clock may be fast running out on Sears Holdings Corp, but you wouldn't know it from the company's feisty posts on Twitter. Nissan's Ghosn claims innocence in first appearance since November arrest Ousted Nissan Chairman Carlos Ghosn declared his innocence in his first public appearance since his November arrest, telling a Tokyo court on Tuesday that he had been wrongly accused of financial misconduct. Airbus met 2018 delivery target subject to audit: sources Airbus operationally hit its main industrial target of 800 aircraft deliveries in 2018 after record handovers in December, two people briefed on the matter said. Ryanair's Spanish cabin crew unions call off Tuesday strike Unions representing Ryanair cabin crew in Spain called off plans to strike on Tuesday to allow time for further talks, the SITCPLA and USO unions said in a statement. More U.S. regions see job openings outnumbering jobless Job openings are outnumbering unemployed workers across increasingly wide swaths of the United States, forcing businesses to rethink how they find workers, which could keep pressure on the Federal Reserve to raise interest rates despite a global economic slowdown. Related Video US trade delegation leaves hotel ahead of second day of talks in Beijing European shares boosted by trade talks hope, but German growth worries mount Make sense of the market with highlights of valuable financial information and reports along with compelling investment insights. Register Today The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2019 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook