UPDATE: U.S. stock futures tick up after Wall Street's ugly start to April
U.S. stock index futures rose late Wednesday, suggesting gains when trading resumes Thursday morning following another day of sharp losses on Wall Street. As of midnight Eastern, Dow Jones Industrial Average futures were up around 330 points, or 1.6%, while S&P 500 futures and Nasdaq-100 futures rose around 1.5%. Earlier in the day, stocks sank, with the three main indexes registering declines of at least 4% (http://www.marketwatch.com/story/stock-index-futures-fall-as-trump-issues-grim-warning-on-coronavirus-pandemic-2020-04-01). The Dow fell nearly 1,000 points, as it and the S&P 500 logged the worst start to a quarter in history (http://www.marketwatch.com/story/dow-and-sp-500-at-risk-of-worst-start-to-a-quarter-in-history-as-investors-brace-for-very-very-painful-weeks-of-coronavirus-2020-04-01). Investors were apparently reacting to President Donald Trump's warning Tuesday afternoon that the coming weeks will be "very tough" as the death toll from the coronavirus pandemic surges and businesses remain closed in an effort to slow its spread.
-Mike Murphy; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
April 02, 2020 00:18 ET (04:18 GMT)
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