US stock index futures are currently without a clear direction, with concerns in the market lingering over the economic impact of the trade war.

US stock index futures temporarily lack clear direction, as the OECD issues a warning on global economic growth, exacerbating concerns in the market about the impact of trade conflicts on the Trump administration. At 8:23 New York time, S&P 500 index futures fell 0.1%, narrowing earlier losses of up to 0.6%. Nasdaq 100 index futures were basically flat, while Dow futures fell 0.2%. US benchmark stock indexes are expected to continue to fluctuate between gains and losses. US Treasury bonds rose, as Japanese 10-year bond auctions received strong demand. The US dollar rose 0.3%. The OECD, based in Paris, has lowered its global growth forecast for the second time this year, citing trade barriers and uncertainty as impacting market confidence. "We clearly see high market volatility, with investors hoping for more clear signals," said Massimiliano Bondurri, founder and CEO of Singapore-based SGMC Capital. "Market fluctuations are normal."