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

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

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...