· Dow futures slide more than 100 points as investors weigh coronavirus and oil outlook
U.S. stock futures were lower on Sunday night after OPEC and other oil-producing countries reached a deal on a massive production cut while investors digested the outlook on the coronavirus.
Dow Jones Industrial Average futures traded more than 100 points lower, or 0.8%. S&P 500 and Nasdaq 100 futures also slid more than 0.8%.
· Stocks in Asia trade lower; oil prices jump as OPEC and allies finalize record production cut
Stocks in Asia traded lower Monday morning as the Organization of the Petroleum Exporting Countries and its allies reached an agreement on a record oil production cut.
In Japan, the Nikkei 225 slipped 1.04% in early trade while the Topix index dipped 0.94%. South Korea’s Kospi also declined 0.63% as shares of automaker Hyundai Motor fell around 2%.
Markets in Hong Kong and Australia are closed on Monday for Easter Monday.
Reference: CNBC, Reuters
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