Wednesday, October 21, 2020

Inventory Futures Retreat on Political Dangers, Rising Infections

U.S. inventory futures retreated Wednesday after an acrimonious presidential debate underscored the dangers across the election, and buyers fretted a few second wave of coronavirus infections hobbling the financial restoration.

Futures tied to the S&P 500 dropped 0.8%, suggesting that the broad market gauge stays on monitor to finish September with its first month-to-month drop since March. Contracts tied to the Nasdaq-100 fell 1%.

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