Futures Tumble, Yields Plunge On Covid Lockdown, Growth Slowdown Fears
The S&P 500 climbed 0.12% on Wednesday after hitting an intraday record earlier in the session.
U.S. stock index futures were little changed in overnight trading.
Stocks, Bond Yields, & Crude Tumble As ISM Peaks & Fed Speaks
On Tuesday, stocks rebounded sharply from Monday's sell-off triggered by a Covid-inspired global growth scare.
Energy was by far the weakest of the S&P 500's 11 key sectors, as worries about the macroeconomic effects from a resurgence in COVID-19 cases and deal reached by OPEC+ to boost oil production prompted a sharp selloff in crude oil prices. The SPDR Energy Select Sector ETF tumbled 4.5%, with all 22 components losing ground, including 8 members falling more than 5%. The biggest decliner was Diamondback Energy Inc.'s stock , which sank 7.6%. Among the ETF's most-active components, shares of...
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Dow futures tumble 300 points on worries over rising COVID-19 cases
U.S. stock index futures wre flat in overnight trading on Tuesday after the major averages pulled back from record highs.