S&P 500 futures retreated more than 1%, as investors weighed the impact of an agreement to withhold a record amount of crude from markets, with global demand weakened by the coronavirus pandemic.
Global stocks fell Monday as investors weighed the impact of an agreement to withhold a record amount of crude from markets, with global demand weakened by the coronavirus pandemic.
By late morning in Hong Kong, stock benchmarks in Tokyo, Shanghai and Seoul all fell: Tokyo’s Nikkei 225 dropped 2%, South Korea’s Kospi lost 1% and the Shanghai Composite Index dipped 0.3%. S&P 500 futures retreated more than 1%, suggesting that U.S. markets could open lower. Markets in Australia and Hong Kong are closed for the Easter Monday...
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