U.S. stock-index futures Sunday evening trade up by more than 1%, even as investors brace for a tough week of rising cases and death tolls related to the new strain of coronavirus that has ravaged the U.S. and caused a near shutdown of the economy. Investors may also watch reports that U.K. Prime Minister Boris Johnson was hospitalized on Sunday as a precautionary measure after the British leader contracted the deadly illness about 10 days ago.
* Oil prices fall as Russia-Saudi Arabia reach impasse on supply. * British pound skids as PM Johnson admitted in hospital. * Equity investors focus on slowdown in COVID-19 death rate. By Swati Pandey.
Wall Street analysts and investors see a risk that stocks could retest recent lows in the coming days or weeks as they worry about the spread of the virus and its impact on the economy, although some spot glimmers of light at the end of the tunnel. Wall Street's main indexes fell more than 1.5% on Friday as the coronavirus abruptly ended a record U.S. job growth streak.
Wall Street analysts and investors see a risk that stocks could retest recent lows in the coming days or weeks as they worry about the spread of the virus and its impact on the economy, although some spot glimmers of light at the end of the tunnel. Wall Street's main indexes fell more than 1.5% on Friday as the coronavirus abruptly ended a record U.S. job growth streak.
* Oil prices fall as Russia-Saudi Arabia reach impasse on supply. * British pound skids as PM Johnson admitted in hospital. * Equity investors focus on slowdown in COVID-19 death rate. By Swati Pandey.
Wall Street analysts and investors see a risk that stocks could retest recent lows in the coming days or weeks as they worry about the spread of the virus and its impact on the economy, although some spot glimmers of light at the end of the tunnel. Wall Street's main indexes fell more than 1.5% on Friday as the coronavirus abruptly ended a record U.S. job growth streak.
Wall Street analysts and investors see a risk that stocks could retest recent lows in the coming days or weeks as they worry about the spread of the virus and its impact on the economy, although some spot glimmers of light at the end of the tunnel. Wall Street's main indexes fell more than 1.5% on Friday as the coronavirus abruptly ended a record U.S. job growth streak.
Investors are parsing a broad range of signals, from infection counts to more traditional indicators, for clues on the trajectory markets may take in coming weeks as the pandemic caused by the novel coronavirus continues to spread.
Investors are parsing a broad range of signals, from infection counts to more traditional indicators, for clues on the trajectory markets may take in coming weeks as the pandemic caused by the novel coronavirus continues to spread.
"Dow Closes 1.7% Lower After Jobless Rate Spikes," at 1653 ET, incorrectly stated the S&P 500 fell 52.82 points, or 2.1%, on Friday in the fourth paragraph. It fell 38.25 points, or 1.5%. (END) Dow Jones Newswires 04-03-20 2106 ET Copyright (c) 2020 Dow Jones& Company, Inc..
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