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US stock futures slipped as the coronavirus outbreak in China reported a death toll higher than the SARS epidemic. Authorities prepare measures as millions return to work after the extended Lunar New Year holidays.
Investors cautiously monitor virus concerns that has impacted global economy and pushed Wall Street lower.
China reported 97 new additional deaths, raising it to 908 on Sunday. This was slightly higher than the 89 new deaths reported on Saturday.
Futures at 7:00 PM ET 00:00 GMT:
** S&P 500 e-minis EScv1 slipped 0.4%, or 13.25 points, to 54,719 contracts changing hands.
** Dow e-minis 1YMcv1 slid 0.41%, or 120 points, with 9,322 contracts changing hands.
** Nasdaq 100 e-minis NQcv1 lost 0.52%, or 49 points, in volume of 21,984 contracts.
** Benchmark 10-year note futures TYv1 gained 5/32 in price.
On Thursday, the United States’ Gross Domestic Product (GDP) suffered the biggest economic decline in the second quarter as the surge of coronavirus cases affected the whole country. The U.S. government decided to shut down restaurants, ...
The dollar was briefly lifted on Thursday after the U.S. Federal Reserve offered no concrete clues about its next course of action, while investors hoped for an easy policy as the coronavirus resurgence stalled economic recovery. The dollar ...
Oil prices gained for the third day on Tuesday, supported by a bounce in demand from efforts to lift the U.S. economy as it struggles to recover from the coronavirus pandemic. Prices were also buoyed by a weakening dollar, making it ...
Oil prices fell on Monday as a surge in coronavirus cases and the escalating U.S.-China tensions prompted a safe-haven bid. Brent crude slid 0.2%, or 8 cents, at $43.26 per barrel. U.S. West Texas Intermediate crude fell 0.2%, or 7 cents, ...
The dollar was under pressure on Monday as the escalating U.S.-China tensions weighed on the market, while investors worried that the U.S. coronavirus resurgence could stall economic recovery. The dollar fell to a four-month low on the yen ...
KYC Policy