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U.S Stock Futures Struggle For Direction After Temporary Boost From China Factory Data


Tuesday, 31 March 2020 18:48 WIB

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U.S stock-index futures flipped between small gains and losses Tuesday, after initially finding support following a rebound in Chinese manufacturing activity, as the country comes out of a lockdown due the coronavirus epidemic.

Futures on the Dow Jones Industrial Average were off 39 points, or 0.2%, at 22,128, while S&P 500 futures also declined 0.2%. Nasdaq-100 futures were clinging to a 0.1% gain at 7,862.50.

Stocks were in rebound mode Monday, with the Dow rising 690.70 points, or 3.2%, to finish at 22,327.48. The S&P 500 climbed 85.18 points, or 3.4%, to 2,626.65. The Nasdaq Composite Index rose 271.77 points, or 3.6%, to 7,774.15.

Source : Market Watch


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