Coronavirus fears continue to grip global markets as the Shanghai Composite Index fell nearly 8% on its first day of trading in after the extended Lunar New Year holiday, but U.S. shares were poised to recover some of the ground they lost on Friday. U.S. markets were looking to recover from Friday’s sell-off with all three major stock indexes pointing to a positive open. Futures for the Dow Jones Industrial Average were up 118 points, or 0.4% in premarket trading, while S&P 500 and Nasdaq Composite futures were up 0.5%. Read More...
Coronavirus fears continue to grip global markets as the Shanghai Composite Index fell nearly 8% on its first day of trading in after the extended Lunar New Year holiday, but U.S. shares were poised to recover some of the ground they lost on Friday. U.S. markets were looking to recover from Friday’s sell-off with all three major stock indexes pointing to a positive open. Futures for the Dow Jones Industrial Average were up 118 points, or 0.4% in premarket trading, while S&P 500 and Nasdaq Composite futures were up 0.5%.
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