Stocks mixed as Dow, S&P lower, Nasdaq on the rise in early Tuesday trading
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U.S. equity futures are pointing to a lower open Tuesday as hours before the opening bell, the Dow and S&P 500 were down, while the tech-heavy Nasdaq was higher as surging coronavirus infections in the U.S. and other countries tempered investor optimism about the development of possible vaccines.
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|I:DJI||DOW JONES AVERAGES||30069.79||-148.47||-0.49%|
|I:COMP||NASDAQ COMPOSITE INDEX||12519.945838||+55.71||+0.45%|
U.S. equity futures are pointing to a lower open Tuesday as hours before the opening bell, the Dow and S&P 500 were down, while the tech-heavy Nasdaq was higher as surging coronavirus infections in the U.S. and other countries tempered investor o
On Monday, the United States reported 175,663 new virus cases and 1,113 deaths, according to data compiled by Johns Hopkins University.
Meanwhile, Asian stock markets followed Wall Street lower on Tuesday, with the Shanghai, Tokyo, Hong Kong and Seoul markets declining.
The Nikkei 225 in Tokyo lost 0.2% to 26,486.61 and the Hang Seng in Hong Kong shed 0.5% to 26,381.28.
The Shanghai Composite Index lost 0.2% to 3,410.55 after opening higher following China's announcement of a 21.1% jump in November exports.
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The Kospi in Seoul tumbled 1% to 2,718.61 while Sydney's S&P-ASX 200 advanced 0.2% to 6,688.00.
India's Sensex opened up 0.5% at 45,636.91. New Zealand and Southeast Asian markets gained.
Shares in China’s biggest online health platform, JD Health, rose 53% by midday in their trading debut in Hong Kong, reflecting investor enthusiasm for the fledgling industry as the country emerges from the coronavirus pandemic.
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In energy markets, benchmark U.S. crude lost 31 cents to $45.45 per barrel in electronic trading on the New York Mercantile Exchange. The contract fell 50 cents on Monday to $45.76. Brent crude, used to price international oils, shed 39 cents to $48.40 per barrel in London. It declined 46 cents the previous session to $48.79.
The dollar advanced to 104.07 yen from Monday's 103.98 yen. The euro edged down to $1.2116 from $1.2120.
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