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Tech & Science U.S. stock futures rise as virus deaths ease: Markets Wrap

17:07  06 april  2020
17:07  06 april  2020 Source:   msn.com

8@eight: Coronavirus keeps investors on edge

  8@eight: Coronavirus keeps investors on edge What happened overnight and what is ahead for the Australian sharemarket.1. Markets closed last week on a cautious note: Market participants de-risked heading into another weekend on Friday, as the path of the COVID-19 pandemic remains largely unpredictable and highly uncertain. Stocks fell across the globe, while safe-haven assets caught a minor bid, overall.

(Bloomberg) -- U . S . stocks futures advanced after the daily reported death toll in some of the world’ s coronavirus epicenters was lower on Sunday. Oil tumbled. The latest fatality figures provided some respite to the onslaught of recent negative virus headlines

(Bloomberg) -- U . S . and European equity futures jumped along with Asian stocks after the daily reported death tolls in some of the world’ s coronavirus epicenters dropped on Sunday. Contracts on the S &P 500 Index and Euro Stoxx 50 climbed as much as 4

(Bloomberg) -- U.S. stocks futures advanced after the daily reported death toll in some of the world’s coronavirus epicenters was lower on Sunday. Oil tumbled.

The latest fatality figures provided some respite to the onslaught of recent negative virus headlines, though the economic impact will continue to bite for some time. S&P 500 futures opened more than 1% higher, and contracts in Japan also climbed. The pound dipped as U.K. Prime Minister Boris Johnson was admitted to hospital for tests after suffering from the coronavirus for 10 days. Oil sank as uncertainty remains over a proposed meeting of supplier nations that is planned for April 9.

Global stocks jump on less dire virus data, oil falls after OPEC+ delay

  Global stocks jump on less dire virus data, oil falls after OPEC+ delay Global stocks jump on less dire virus data, oil falls after OPEC+ delayNEW YORK (Reuters) - World stock markets jumped on Monday, encouraged by slowdowns in coronavirus-related deaths and new cases in some global hot spots, while oil prices tumbled again due to a delay in talks between Saudi Arabia and Russia to cut supply.

U . S . stocks futures advanced after the daily reported death toll in some of the world’ s coronavirus epicenters was lower on Sunday. S &P 500 futures opened more than 1% higher, and contracts in Japan also climbed. The pound dipped as U .K. Prime Minister Boris Johnson was admitted to hospital

(Bloomberg) -- Asian stocks opened firmer and U . S . stocks futures advanced after the daily reported death tolls in some of the world’ s coronavirus epicenters dropped on Sunday. Oil tumbled. The latest fatality figures provided some respite to the onslaught of recent negative virus headlines

Yen begins to trade in narrower range after virus-induced strength © Bloomberg Yen begins to trade in narrower range after virus-induced strength In the latest developments on the health crisis: New York State fatalities fell for the first time, though President Donald Trump warned that the fallout from the coronavirus is about to get a lot worse, and a “very horrendous” phase in the pandemic is approaching. Italy had the fewest deaths in more than two weeks, while France reported the lowest number in five days and Spain’s tally fell for three days in a row.

“There is light at the end of the tunnel but it’s still a long tunnel,” Erik Nielsen, UniCredit SpA’s London-based chief economist, wrote in a note Sunday.

Stocks ended down last week, paring some of the prior week’s rally, after a plunge in U.S. hiring hinted at the extent of the pandemic’s toll on the world’s biggest economy. Meantime, oil pared some of the rally seen on Friday in the wake of hopes of production cuts. Saudi Arabia, Russia and other large oil producers are racing to negotiate a deal to stem the historic price crash as diplomats said some progress was made on Sunday.

ASX to rise on encouraging COVID-19 trend

  ASX to rise on encouraging COVID-19 trend The ASX is set to climb again after global markets were buoyed by news that daily coronavirus-related deaths have eased in some major hotspots.he Australian sharemarket is tipped to continue its strong start to the week after global equities were encouraged by early signs the coronavirus death toll is slowing.

Stocks whipsawed throughout another wild day on Wall Street, wiping out a gain of Among the major moves: The S &P 500 rose 4.9% as of 4 p.m. in New York.Airlines rallied after Trump’ s comments. U . S . stocks plunged the most since 2008 on Monday, and further selling took futures 20% from

U . S . Futures Drop With Europe Stocks ; Bonds Climb: Markets W “The virus is an uncertainty, but it seems to be more of a manageable uncertainty and I think that’ s the way that the market is looking at it,” said Chuck Cumello, chief executive officer of Essex Financial Services, which has about .8

These are the main moves in markets:

Stocks

Futures on the S&P 500 rose 1.1% as of 7:02 a.m. in Tokyo. The S&P 500 fell 1.5% on Friday. Futures on Japan’s Nikkei 225 added 1.3% in early trading. Hang Seng Index futures fell 0.5% on Friday when futures on Australia’s S&P/ASX 200 Index climbed 0.9%.

Currencies

The yen added 0.1% to 108.44 per dollar.The euro bought $1.0818, up 0.2%.The offshore yuan was flat at 7.1124 per dollar. The pound slid 0.3% to $1.2233.

Bonds

The yield on 10-year Treasuries remained around 0.60% on Friday.

Commodities

West Texas crude dropped 8.5% to $25.85 a barrel. Gold was down 0.4% to $1,615.69 an ounce.

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©2020 Bloomberg L.P.

Asia markets subdued despite Wall Street rally .
Asian equities were lower in Wednesday morning trade, bucking an overnight rally on Wall Street prompted by encouraging signs that US coronavirus infection rates were in decline. American officials are beginning to tackle the question of how to safely reopen for business and ease lockdowns that have helped slow the pandemic but battered the economy.

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