A conversation on the latest market-moving news.
A trader walks in front of the New York Stock Exchange on May 26, 2020 at Wall Street in New York City.6:44 am: Stock futures sharply lower
U.S. stock index futures pointed to a sell-off at the start of trading on Thursday as fears over a second wave of coronavirus cases sent the major averages tumbling. Thewas slated to open 560 points lower for a loss of 2%. The S&P 500 was poised to drop 1.7%, while the Nasdaq Composite was set to shed 1.4%. Stocks sensitive to the economy's reopening, which have been sharply higher in recent sessions, led the premarket declines.
The S&P 500 is on track for its third straight day of losses and is once again negative for the year. Earlier in the week the benchmark index briefly turned positive for 2020 before the rally took a breather. Still, the S&P 500 is now just 6% below its February record high. Meanwhile the Nasdaq Composite hit a new all-time high during Wednesday's session, and closed above 10,000 for the first time on record as Big Tech continues to outperform.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock futures flat as investors await Fed's forecast on the economyThe Dow Jones Industrial Average and S&P 500 were under pressure on Tuesday as stocks benefiting from the economic reopening fell broadly.
Read more »
Stock futures flat following two days of losses for S&P 500 and DowThe moves in futures followed two straight days of losses for the 30-stock Dow and S&P 500.
Read more »
U.S. stock futures sink after Dow falls for second straight dayU.S. stock index futures fell late Wednesday, after the Dow and S&P 500 fell for a second straight day. Dow Jones Industrial Average futures undefined were...
Read more »
US stock indexes open lower as weekslong rally loses steamNEW YORK (AP) — Stocks are opening broadly lower on Wall Street as a rally that drove the market higher over the past three weeks loses steam. The S&P 500 fell 1.1% in early trading Tuesday. If it...
Read more »
10 biggest stock market crashes: Covid-19 to Dutch Tulip mania - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
Cloudera stock surges on report of takeover interestCloudera Inc. undefined shares surged Tuesday following a report that the enterprise software company was entertaining possible takeover bids. Cloudera...
Read more »