(Bloomberg) — Caution hung over markets on Wednesday, with European stocks dropping in the wake of a late decline on Wall Street, and U.S. equity futures edging higher alongside Asian benchmarks. Treasuries rose, while oil futures slipped.Declines in travel and auto shares pulled the Stoxx Europe 600 Index lower, as corporate earnings continued to underscore the devastating impact of the coronavirus pandemic. The world’s largest container line, A.P. Moller-Maersk A/S, said the fallout from Covid-19 will drive volumes down by as much as 25% this quarter. European tech shares pared declines, however, after China’s Tencent Holdings Ltd. said first-quarter sales …read more
Source:: Yahoo Finance
