What to watch today: Dow's mixed message ahead of trade talks and Trump's campaign rally

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What to watch today: Dow's mixed message ahead of trade talks and Trump's campaign rally
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Uncertainty over the fate of China trade talks has been buffeting the futures overnight, with Dow Jones futures pointing to everything from losses of several hundred points to small gains.

on the second day of an offensive against a Kurdish militia in Syria, after a withdrawal by U.S. forces opened up a new phase in the region's eight-year-old conflict. Senior Republicans condemned for making way for the incursion and abandoning Syrian Kurds. to allow the Turkish offensive, saying the U.S.-allied Kurds, who spearheaded the campaign against the Islamic State in Syria, did not help the U.S. during World War II.

PG&E shares were under pressure, down about 20% in the premarket, after a judge ruled that a rival bankruptcy plan from Elliott Management and other bondholders could be considered. The ruling stripped PG&E of an exclusive right to propose a Chapter 11 recovery plan.Mississippi dropped its legal challenge to the proposed $26.5 billion merger between wireless carriers Sprint and T-Mobile US .

UnitedHealth was downgraded to hold from buy at Jefferies, which points to tough competition from health care rival Anthem as well as policy uncertainty related to recent court rulings and the upcoming presidential election. Cisco Systems was downgraded to neutral from buy at Goldman Sachs , which is concerned about the impact of continuing weakness in enterprise spending on the networking equipment maker.

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