Premarket: Global stocks drift lower on lack of trade progress

News Snapshot:

Global stocks drifted lower on Tuesday and the dollar dipped against major peers as concerns about tariffs and their impact on the economy lingered, while focus was turning to the Federal Reserve’s policy announcement on Wednesday. Investor attention has been on the possibility of easing trade tensions between the U.S. and China after Beijing last week said it was evaluating an offer from Washington to hold talks over tariffs. U.S. President Donald Trump said on Sunday that Washington is meeting with many countries, including China, and that his main priority with China is to secure a fair deal. “We’ve seen...