US futures remained lower on Thursday morning in the wake of a final, downward revision to economic growth in the first three months of this year.

However, the lurch lower for stock futures came shortly after news that Donald Trump and Vladimir Putin would meet in Helsinki on July 16 for their first bilateral summit. Futures had been, for the most part, higher until then.

Futures for both the S&P 500 and Nasdaq 100 were off by 0.4 per cent, while those for the Dow Jones Industrial Average were off 0.6 per cent.

Bond yields, though, have reversed a decline through the morning and have now ticked higher despite the GDP revision. Typically, weaker growth should make the Federal Reserve less keen to raise interest rates quickly, thus keeping a lid on yields, which rise as bond prices fall.

The yield on the benchmark 10-year US Treasury was up 0.2 basis points at 2.8292 per cent, while the dollar, as measured by the DXY index, up 0.1 per cent to 95.363, was hovering at an 11-month high.

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