What you need to know about the markets

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What you need to know about the markets
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  • 📰 CNN
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CNN's DaveBriggsTV has the day's top business headlines before the opening bell on Wall Street

London 1. Trade war: The worsening trade war between the United States and China is causing fresh pain for investors in Asia, but other global markets are looking brighter.

Hong Kong's Hang Seng index fell 1.6% and the Shanghai Composite dropped 0.7% after Wall Street's rout on Monday. Japan's Nikkei shed 0.6%. Europe started positively, with London's FTSE 100 index 0.7% higher and Germany's DAX index up 0.3% as trade fears appeared to fade.US stock futures are also pointing to gains, with the Dow set to rise about 100 points when US markets open Tuesday. The Nasdaq is tracking a 0.7% rise, and the S&P 500 could jump 0.5%.

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