U.S. Stock Futures Rebound After Worst Selloff in Four Months

(Bloomberg) — U.S. stock futures climbed as investors looked for positive catalysts after concern over coronavirus infections and tougher lockdowns Wednesday spurred the market’s worst decline in more than four months.S&P 500 futures contracts expiring in December were up 1% as of 10:41 a.m. in Tokyo. Contracts on the Nasdaq 100 rose 0.8% while those on the Dow Jones Industrial Average gained 1%.The S&P 500 Index fell 3.5% Wednesday, the biggest drop since June 11, amid a surge in Covid-19 hospitalizations, especially in the Midwest. European stocks also tumbled, as France imposed a new nationwide lockdown and Germany moved to …read more

Source:: Yahoo Finance

      

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