(Bloomberg) — U.S. stock futures rebounded as investors took solace in emergency stimulus by China’s government, speculating it would calm two weeks of volatility in global markets spurred by the coronavirus outbreak.March contacts on the S&P 500 rose 0.3%, while futures on the Nasdaq 100 added 0.2% as of 6:01 p.m. in New York. The moves come as Chinese markets prepare to reopen after a holiday break that saw losses spiral in equities and commodities, and Treasury yields fall to five-month lows.Over the weekend, China’s central bank said it will supply a net $21.7 billion to money markets while advising …read more
Source:: Yahoo Finance
