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US stocks set to open higher after Dow posts worst day since October


Tuesday, 28 January 2020 16:33 WIB

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U.S. stock index futures were higher on Tuesday morning after the Dow posted its worst trading day in about three months.

At around 4:20 a.m. ET, Dow futures were up by 57 points, indicating a positive open of more than 49 points. Futures on the S&P 500 and Nasdaq were also higher.

Global investors have been concerned over the impact of the coronavirus on the economy, as the number of cases worldwide keeps rising. In this context, U.S. equities dropped on Monday, with the Dow falling by 1.6%, its biggest one-day drop since October. Shares of travel companies and consumer goods firms exposed to China were some of the biggest losers.

Source: CNBC


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