10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, DB, PYPL, JWN, PS)

Here is what you need to know.

China says it did not offer Trump a deal to slash the trade gap by $200 billionHours earlier, it dropped an anti-dumping probe into US sorghum imports in a conciliatory gesture as top officials meet in Washington, Reuters says.

Japanese inflation is moving further away from the Bank of Japan’s 2% target. Core inflation, which excludes fresh food, rose by just 0.7% in the year to April, down from

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