Stocks - U.S. Futures Regain Ground after Briefly Turning Negative
Investing.com
Published Feb 25, 2020 07:39AM ET
By Noreen Burke
Investing.com - U.S. stock futures pointed to a slightly higher open on Wall Street on Tuesday, a day after the three main indexes posted their sharpest daily declines in two years amid heightened fears over the global economic fallout from the coronavirus outbreak.
- S&P 500 futures were up 0.3% by 07:34 AM ET (1234 GMT)
- Dow futures were on track for triple digit gains rising 109 points or 0.37%
- Dow futures briefly turned negative earlier in the session before bouncing higher
- Nasdaq 100 futures rose 0.6%
- The Dow shed more than 1,000 points by the close on Monday, its third largest points decline ever amid a global stock selloff
- The S&P 500 ended Monday down 3.3%, also the worst drop in two years.
- With Monday’s declines, the S&P 500 and the Dow both wiped out their gains for the year to date.
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