 | Tuesday, December 4, 2018 | |  | | | | | |  | U.S. stock futures pointed to a lower open, as relief over a pause in escalation of the trade war between the U.S. and China gave way to doubt over whether the world's two largest economies will be able to resolve their differences.
Market focus remains largely attuned to the recent moves in the bond market. U.S. Treasury yields continued lower, with the benchmark 10-year note reaching an intraday low of 2.937%, the weakest since Sept. 12. It was last at around 2.95%.
Adding to market worries, an inversion at the short end of the U.S. yield curve raised the specter of a possible U.S. recession.
In commodities, oil prices rallied for the second day in a row, as growing expectations that major producers, led by Saudi Arabia and Russia, will agree some form of production cut at a key meeting of OPEC ministers later this week boosted sentiment. | | |  | | Get the Investing.com App! Financial Markets on the Go |  |  | | | Follow us |  |  | | | | | |
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