U.S. stock index futures are pointing to a lower open on Friday morning after the number of new coronavirus cases escalated.
Around 5:25 a.m. ET, Dow futures indicated a drop of more than 125 points at the open. Futures on the S&P 500 and Nasdaq were also in negative territory.
Investors continue to monitor the coronavirus outbreak, with China’s National Health Commission on Thursday reporting a total of 75,465 confirmed cases and 2,236 deaths on the mainland. South Korea reported 52 new cases on Thursday to take its total to 150.
Source : CNBC