Washington state made face masks mandatory in public places,
while many other U.S. states saw record cases, including Arizona
and Texas, where restrictions meant to slow its spread were
lifted early.
The top U.S. infectious disease official said the next two weeks
could be critical in containing the outbreak.
U.S. airlines, resorts and cruise operators, among the worst hit
by the pandemic's fallout, declined with United Airlines
Holdings Inc, Royal Caribbean Cruises Ltd, Carnival Corp down
between 3.1% and 4.9% in premarket trading.
Shares of U.S. lenders, which tend to outperform when the
outlook for the economy improves, also slipped. Bank of America
Corp, Citigroup Inc and Goldman Sachs fell between 1.5% and
2.6%.
A slate of better-than-expected economic data and massive
stimulus measures have powered the Nasdaq to a record level and
put the benchmark S&P 500 on track for its best quarterly
performance since 1975.
The S&P 500 and Dow Jones Industrials are just about 7% and
11.5% from their respective February record closing highs.
At 6:25 a.m. ET, Dow e-minis were down 273 points, or 1.05%. S&P
500 e-minis were down 29.25 points, or 0.94% and Nasdaq 100
e-minis were down 61 points, or 0.6%.
(Reporting by Medha Singh in Bengaluru; Editing by Arun Koyyur)
[© 2020 Thomson Reuters. All rights
reserved.] Copyright 2020 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
Thompson Reuters is solely responsible for this content.
|
|