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* Trade truce plan meets opposition in White House -sources
* Disney rises on profit, revenue beat
* Gap falls after surprise CEO exit
* Futures off: Dow 0.02%, S&P 500 0.12%, Nasdaq 0.19%
(Adds comment, updates market action)
By Arjun Panchadar
Nov 8 (Reuters) - Wall Street's main indexes were set to
open slightly lower on Friday after a record run this week that
was fuelled by rising hopes of a U.S.-China trade truce and an
upbeat corporate earnings season.
The S&P 500 and Dow Jones indexes closed at record highs on
Thursday after China said both countries would roll back
existing tariffs in phases, but a Reuters report on fierce
opposition to the agreement at the White House weighed on
sentiment. "We've been here before, where whatever information you are
getting out of the White House differs from what you are getting
out of China," said Scott Brown, chief economist at Raymond
James in St. Petersburg, Florida.
"There is a little bit of nervousness because of these
cross-currents. After the gains we've seen so far, a little bit
of back and forth is expected."
The benchmark index .SPX is on track for its best year
since 2013, while the Nasdaq .IXIC and Dow .DJI are eyeing
yearly gains after dropping in 2018.
Of the 430 S&P 500 companies that have reported results so
far, nearly three quarters have beaten profit estimates,
according to IBES data from Refinitiv. Those numbers, to some
extent, reflect significantly lowered analysts' forecasts.
Walt Disney Co DIS.N gained 5.8% in premarket trading as
its popular theme parks and a remake of "The Lion King" lifted
earnings, and the company also spent less than it had projected
on its online streaming service, Disney+. At 8:45 a.m. ET, Dow e-minis 1YMcv1 were down 5 points, or
0.02%. S&P 500 e-minis EScv1 were down 3.75 points, or 0.12%
and Nasdaq 100 e-minis NQcv1 were down 15.75 points, or 0.19%.
Among other stocks, Gap Inc GPS.N tumbled 9.2% after
saying Chief Executive Art Peck would leave the company, a
surprise exit in the middle of a restructuring that comes as the
apparel retailer slashed its full-year earnings forecast.
Zillow Group Inc ZG.O jumped 9.8% as the real estate
website operator sold more homes and more real estate agents
advertised on its platform. Energy drinks maker Monster Beverage MNST.O gained 4.7%
after posting a better-than-expected third-quarter profit and
announcing a $500 million share buyback plan. Booking Holdings Inc BKNG.O rose 5.1% as the online travel
agency topped quarterly profit estimates.