More pain? Stock futures start the week by sliding 2%
- Things aren't looking brighter for U.S. equities following Wall
Street's third straight weekly decline, with Dow futures down 2.1% and
contracts tied to the S&P 500 and Nasdaq off 1.9%.
- Little progress has been made on a new coronavirus stimulus package as
Republicans and Democrats remain at an impasse, while the negotiations
could become even more complicated following the death of Supreme Court
Justice Ruth Bader Ginsburg.
- Investors also appear worried that a global recovery could be hampered
by a rise in coronavirus infections, especially with no vaccine
breakthrough yet.
- In corporate news, President Trump has given his "blessing" for an
Oracle-TikTok deal, though a U.S. judge in California halted the
administration's ban on downloads of the Chinese-owned app WeChat.
|Today, 5:54 AM
- Things aren't looking brighter for U.S. equities following Wall
Street's third straight weekly decline, with Dow futures down 2.1% and
contracts tied to the S&P 500 and Nasdaq off 1.9%.
- Little progress has been made on a new coronavirus stimulus package as
Republicans and Democrats remain at an impasse, while the negotiations
could become even more complicated following the death of Supreme Court
Justice Ruth Bader Ginsburg.
- Investors also appear worried that a global recovery could be hampered
by a rise in coronavirus infections, especially with no vaccine
breakthrough yet.
- In corporate news, President Trump has given his "blessing" for an
Oracle-TikTok deal, though a U.S. judge in California halted the
administration's ban on downloads of the Chinese-owned app WeChat.
|Today, 5:54 AM
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