Futures resume selloff, contracts on the S&P 500 drop more than 1%

Stock futures opened lower Thursday evening, erasing gains from the regular trading session and setting up more trading volatility to end the week. Stocks had staged a modest recovery during the regular trading session Thursday as investors scooped up technology shares that had fallen precipitously amid the broader market’s recent declines. Energy stocks also outperformed, […]

Why businesses might ‘walk away’ from Trump’s coronavirus aid

Steven Mnuchin, the White House’s top economic adviser, suggested the government may take an equity position in certain companies as a way of propping them up amid the worsening coronavirus outbreak. “One of the ideas is, if we provide assistance, we might take an...