U.S. stock futures shed gains to fall back into negative territory early Monday morning in volatile trading after last week™s sharp gains, even as the number of coronavirus cases in the U.S. continues to rise at an alarming rate. At around 3:19 a.m. ET, Dow Jones Industrial Average futures were down 89 points, pointing to an implied fall of about 161.78 points at the Monday open. S&P 500 futures and Nasdaq 100 futures also pointed to a lower open for the two indexes on Monday. The moves came as crude prices fell sharply. Earlier, futures made a recovery to point to Monday opening...
Hong Kong stocks ended with losses Monday as worries about the depth of the economic crisis caused by coronavirus trumped the optimism caused by huge stimulus and monetary easing measures around the world. The Hang Seng Index shed 1.32 percent, or 309.17 points, to 23,175.11. The benchmark Shanghai Composite Index slipped 0.90 percent, or 24.99 points, to 2,747.21, but the Shenzhen Composite Index on China's second exchange slipped 2.11 percent, or 35.80 points, to 1,657.55. Source : AFP
European markets quickly reversed course to trade lower Monday as the coronavirus pandemic remains in focus for investors. The pan-European Stoxx 600 was down 0.3% in early deals, having initially opened in the black. Oil and gas stocks fell 2% after oil prices hit a 17-year low, while chemicals stocks added 0.8%. Global markets continue to take stock of the evolving coronavirus pandemic. The virus has already infected more than 720,000 people worldwide and caused at least 33,925 deaths, according to data compiled by Johns Hopkins University. Source : CNBC
Tokyo's benchmark Nikkei index lost more than 1.5 percent Monday, as the spreading coronavirus prompted investors to cash in on recent gains with a higher yen also weighing on the market. The Nikkei 225 index, which jumped nearly four percent on Friday, fell 1.57 percent, or 304.46 points, to close at 19,084.97. The broader Topix index dropped 1.64 percent, or 23.95 points, to 1,435.54. Sumber : AFP
Hong Kong stocks ended Monday's morning session more than one percent down as the coronavirus continues to spread rapidly around the world, fanning concerns about the impact on the global economy. The Hang Seng Index fell 1.29 percent, or 303.21 points to 23,181.07. Sumber : AFP
Hong Kong stocks opened with losses Monday morning as the euphoria from last week's massive US stimulus and easing measures gave way to ongoing worries about the rapidly spreading coronavirus. The Hang Seng Index fell 1.97 percent, or 463.43 points, to 23,020.85. The benchmark Shanghai Composite Index fell 1.63 percent, or 45.15 points, to 2,727.05 and the Shenzhen Composite Index on China's second exchange slipped 1.95 percent, or 32.99 points, to 1,660.35. Sumber : AFP