Dow futures slump more than 200 points as economies weigh reopening
U.S. stock-index futures Sunday evening headed firmly lower, in thinly traded weekend action, as investors assessed the staggered plans for the reopening of economies all over the world in the wake of the deadly pandemic derived from the novel strain of coronavirus. Futures for the Dow Jones Industrial Average YMM20, -0.87% DJIA, +2.99% were down 232 points, or 1%, at 23,927, those for the S&P 500 index ESM20, -0.79% were off 0.9% at 2,844.50, while Nasdaq-100 futures NQM20, -0.
Last week, also marked the first back-to-back weekly gains for the benchmarks in about five weeks. Investors have been paying attention to signs of peak infections in parts of the world, including New York, and were watching for plans from Europe, notably Germany, to end a weekslong economic pause due to the pandemic.
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