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Stock market news live: Stock futures mixed as traders monitor coronavirus outbreak - Yahoo Finance

Stock market news live: Stock futures mixed as traders monitor coronavirus outbreak - Yahoo Finance

The S&P 500 and Dow were off in early trading as the coronavirus death toll overtook that of the 2002-2003 SARS outbreak. Later this week, investors will receive a myriad of corporate earnings results, January retail sales data and semi-annual congressional testimony from Federal Reserve Chair Jerome Powell.

7:47 a.m. ET: Stock futures mixed as coronavirus death toll rises

Contracts on the three major indices were mixed Monday morning, after falling for the first time in five sessions on Friday. Fears over the spread of the deadly coronavirus continued to be a focal point for global investors.

As of Sunday evening, the coronavirus had claimed the lives of 908 in mainland China, and total cases rose to 40,171, according to China’s National Health Commission. Ninety-seven people died from the disease on Sunday alone. More have now been killed by the coronavirus than during the SARS outbreak of 2002 to 2003, which killed 774 individuals.

Tedros Adhanom Ghebreyesus, director-general of the World Health Organization, noted in a Twitter post Sunday that some coronavirus cases have begun to emerge even in individuals who did not travel to China.

In the UK, where there have so far been eight confirmed coronavirus cases, the country’s health secretary called the outbreak “a serious and imminent threat to public health.” Elsewhere, more than 3,000 people have been stuck on a cruise ship in Yokohama, Japan, in a two-week quarantine, with dozens on board having tested positive for the coronavirus. Separately, home-rental services Airbnb has halted bookings of all listings in Beijing through the end of February in effort to contain the coronavirus.

Here were the main moves during the pre-market session, as of 7:47 a.m. ET:

  • S&P futures (ES=F): 3,324.75, down 0.75 points or 0.02%

  • Dow futures (YM=F): 29,025.00, down 19 points or 0.07%

  • Nasdaq futures (NQ=F): 9,413.25, up points or 0.04%

  • Crude oil (CL=F): $50.18 per barrel, down $0.14 or 0.28%

  • Gold (GC=F): $1,575.10 per ounce, up $1.70 or 0.11%

A man wearing a protective face mask walks on an overpass in Lujiazui financial district in Shanghai on February 10, 2020. - The death toll from the novel coronavirus surged past 900 in mainland China on February 10, overtaking global fatalities in the 2002-03 SARS epidemic, even as the World Health Organization said the outbreak appeared to be stabilising. (Photo by NOEL CELIS / AFP) (Photo by NOEL CELIS/AFP via Getty Images)

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2020-02-10 12:50:00Z
https://finance.yahoo.com/news/stock-market-news-live-updates-february-10-2020-125019319.html

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