Stocks – U.S. Futures Regain Ground after Briefly Turning Negative

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By Noreen Burke – U.S. stock futures pointed to a slightly higher open on Wall Street on Tuesday, a day after the three main indexes posted their sharpest daily declines in two years amid heightened fears over the global economic fallout from the coronavirus outbreak.

  • were up 0.3% by 07:34 AM ET (1234 GMT)
  • were on track for triple digit gains rising 109 points or 0.37%
  • Dow futures briefly turned negative earlier in the session before bouncing higher
  • The shed more than 1,000 points by the close on Monday, its third largest points decline ever amid a global stock selloff
  • The ended Monday down 3.3%, also the worst drop in two years.
  • With Monday’s declines, the and the both wiped out their gains for the year to date.
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