U.S. Stock Futures Rise After Rout; Bonds Steady: Markets Wrap

(Bloomberg) — U.S. equity futures rose and Treasuries steadied after a surge that took yields to record lows, while Asian shares opened lower after another rout on Wall Street. Futures on the S&P 500 Index edged up after a 3% slump in the gauge of U.S. shares brought its losses to 7.6% over the past four days. The 10-year U.S. Treasury yield remained below 1.40%. Fears of the coronavirus spreading through the world’s biggest economy spooked traders Tuesday, with the Centers for Disease Control and Prevention warning Americans to prepare for an outbreak. In Asia, the origin for the disease, …read more

Source:: Yahoo Finance