U.S. stock futures struggled Friday following more record highs for equities, as investors fretted over Europe's rising COVID-19 cases and a lockdown for...
U.S. stock futures were mostly lower on Friday, with the exception of Nasdaq-100 futures, with some citing concerns over a national lockdown to battle COVID-19 announced in Austria.
As well, Germany’s health minister Jens Spahn reportedly told a news conference on Friday that lockdowns couldn’t be ruled out in his country, with record cases this week in Germany and Austria. One asset class under pressure from COVID worries was oil prices, which tumbled in the wake of the Austrian lockdown news. West Texas Intermediate crude was down CL00, -2.54% 2.5% to $77.01 a barrel and Brent BRN00, -2.68% crude was down 2.7% to $78.88 a barrel.
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