U.S. Stock Index Futures Gain on Possible Dip-Buying, New Drugs

(Bloomberg) — U.S. stock-index futures rose on Tuesday in Asia as some investors deemed that Monday’s equity rout brought prices to attractive levels.S&P 500 Index futures contracts expiring in March rose 1% as of 10:22 a.m. in Tokyo, while contracts climbed 0.8% for the Dow Jones Industrial Average and advanced 1.2% for the Nasdaq 100.Overnight, U.S. equities slumped amid growing concerns that the novel coronavirus is spreading more widely outside China. All three main U.S. stock benchmarks fell more than 3%, with the S&P 500 dropping the most since February 2018. Japan’s stock market also slid Tuesday morning.“U.S. futures are …read more

Source:: Yahoo Finance

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