U.S. Stock Index Futures Rise as Investors Assess Virus Count

(Bloomberg) — U.S. stock index futures rose, erasing losses, as investors weighed the latest infection count against prospects for reopening economies.September contracts on the S&P 500 gained 0.4% as of 11:48 a.m. in Tokyo, after sliding as much as 1.1%. Futures on the Dow Jones Industrial Average rose 0.4% and those on the Nasdaq 100 Index climbed 0.5%. Beijing reported only nine new infections, in a sign that a recent outbreak is coming under control, while South Korea saw the smallest daily increase in about a month. California’s new cases rose by a record and Florida infections jumped.“Financial conditions are …read more

Source:: Yahoo Finance

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