SoftBank founder Masayoshi Son speaks in futuristic terms about his company, but the success of his late-stage VC fund is still unknown.Technologyread more
Reports of Tesla vehicles spontaneously catching fire could make customers wary of EVs just as the industry ramps up production plans.Autosread more
Amazon's large and flashy investments stand out from those of its tech peers over the past year.Technologyread more
Huawei Technologies will immediately lose access to updates to the Android operating system, a source close the matter told Reuters.Technologyread more
Consumer IPOs from Snap to Uber have been disappointing and serve as a reminder that private investors are making all the money.Technologyread more
The 2019 PGA Championship wraps up on Sunday, May 19. Here's how much money the champion will earn.Earnread more
China's currency has been an important barometer for progress in U.S.-Chinese trade talks, and right now it's signaling things aren't going well.Market Insiderread more
The move comes after star runner Alysia Montaño's May 12 op-ed in the New York Times in which she detailed her experiences with Nike.Business Newsread more
While the prolonged fight has been devastating to an already-struggling agriculture industry, there's little indication Trump is paying a political price.Traderead more
The outrage has even inspired a Change.org petition called "Remake Game of Thrones Season 8 with competent writers," with over half-a-million signatories and climbing.Entertainmentread more
The company's comments Friday come after the White House said U.S.Trade Representative Robert Lighthizer will "address the threatened impairment" of national security from...Autosread more
(For a live blog on the U.S. stock market, click or type LIVE/ in a news window.)
* Futures down: Dow 0.05%, S&P 0.18%, Nasdaq 0.07%
May 10 (Reuters) - U.S. stock index futures were muted on Friday, as expectations of a deal during the current round of U.S.-China trade talks blunted the impact from additional tariffs on Chinese goods coming into force.
The United States increased duties to 25% on $200 billion worth of Chinese goods and President Donald Trump said he would start the "paperwork" on Friday for 25% duties on another $325 billion in Chinese imports.
But even as Beijing threatened retaliation, negotiators in Washington agreed to stay on for a second day, encouraging investors that eventually a deal would be reached.
"Investors will be watching closely to see if any deal can be reached, but may have to prepare for more volatility in the event that one isn't reached," said Mihir Kapadia, chief executive office and founder of Sun Global Investments.
S&P 500 futures fell 0.6% when the additional tariffs went into effect shortly after midnight.
The spike in tensions this week has triggered a flight to safety and triggered a 2.5% drop in the S&P 500 so far this week, setting the benchmark index to post its worst weekly decline since December.
At 6:29 a.m. ET, Dow e-minis were down 13 points, or 0.05%. S&P 500 e-minis were down 5.25 points, or 0.18% and Nasdaq 100 e-minis were down 5.25 points, or 0.07%.
Amid market uncertainty, ride-hailing company Uber Technologies Inc is set to make its market debut after raising $8.1 billion in the largest U.S. IPO since 2014.
Symantec Corp's shares plunged 16.6% after the antivirus software maker issued a profit warning and unexpectedly announced that its chief executive officer would step down.
Shares of Ford Motor Corp rose 2.4% after Bank of America Merrill upgraded the carmaker's stock to "buy" from "neutral", according to reports.
On the macro front, a U.S. Labor Department report, due at 8:30 a.m. ET, is expected to show the consumer price index rose 0.4 percent in April, after a similar gain in March. (Reporting by Amy Caren Daniel in Bengaluru; Editing by Sriraj Kalluvila)