US stocks set to open higher after Dow posts worst day since October

Global investors have been concerned over the impact of the coronavirus on the economy, as the number of cases worldwide keeps rising.U.S. stock index futuresAt around 1:40 a.m. ET, Dow futures were up by 179 points, indicating a positive open of more than 171 points. Futures on the S&P 500 and Nasdaq were also higher.

Global investors have been concerned over the impact of the coronavirus on the economy, as the number of cases worldwide keeps rising. In this context, U.S. equities dropped on Monday, with the Dow falling by 1.6%, its biggest one-day drop since October. Shares of travel companies and consumer goods firms exposed to China were some of the biggest losers.

Meanwhile, Chinese authorities said Tuesday that the outbreak has killed 106 people and infected 4,515.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

World stocks skid on growing virus fears; Dow drops 500BREAKING: U.S. stocks tumble following a sell-off in Europe and Japan as the coronavirus outbreak grows. The Dow Jones Industrial Average drops 500 points in early trading as travel company stocks sink. god we're just experiencing the entire 1920s all at once aren't we Trump me... Brokers need cash
Source: AP - 🏆 728. / 51 Read more »

Stocks in Asia set to open lower as Dow plunges amid coronavirus fearsStocks in Asia were set to decline at the open on Tuesday following an overnight plunge of the Dow Jones Industrial Average as fears surrounding the ongoing coronavirus outbreak continue to grip investors.
Source: CNBC - 🏆 12. / 72 Read more »