1. Futures indicate more stock records at Wall Street’s open
Traders work during the opening bell at the New York Stock Exchange (NYSE) on January 13, 2020 on Wall Street in New York City.
Johannes Eisele | AFP | Getty Images
After the signing of the preliminary U.S.-China trade deal, stock futures were pointing to gains strong enough to put the Dow Jones Industrial Average at all-time highs at Thursday’s open on Wall Street. The Dow on Wednesday closed above 29,000 for the first time ever. The S&P 500 also finished at a record but the Nasdaq‘s advance was just short of a record. This week’s flood of bank earnings continued before the bell, with Morgan Stanley reporting fourth-quarter profit and revenue that blew away estimates. Thursday’s economic calendar is also packed with December retail sales and the Philadelphia Fed’s January manufacturing index out Thursday morning.
2. Trump on ‘phase two’ China trade talks: ‘We’re negotiating with the tariffs’
US President Donald Trump and…