(Bloomberg) — U.S. stock index futures advanced in Asian trading, as investors returned after the worst selloff in the cash market in 12 weeks amid signs of overheating as well as a possible second wave of coronavirus infections.Contracts on the S&P 500 rose 1.3% as of 15:13 p.m. in Tokyo, after the underlying index fell 5.9%, the most since March 16. Futures gained 1.2% on the Nasdaq 100 Index and 1.7% on the Dow Jones Industrial Average.“It’s a habitual reaction in markets to find gains after a more than 5% correction in the S&P 500,” said Jingyi Pan, a market …read more
Source:: Yahoo Finance
