New York futures are trading low after a positive week pending new drugs; oil falls



[ad_1]

stock markets crash the circuit breaker

(Getty Images)

SÃO PAULO – New York futures fell on Sunday. Dow Jones and S&P 500 futures fell 1% at the start of business. Around 10:30 pm, the devaluation was around 0.4%.

The price of oil also fell. The May WTI contract fell nearly 14% to $ 15.80 a barrel, while Brent’s June contract traded close to stability.

The move comes after the US stock markets. USA They rose last week, fueled by hope for a drug that can cure patients with coronavirus, produced by the pharmaceutical company Gilead.

This Sunday, Steven Mnuchin, United States Secretary of the Treasury, said that the government and the United States Congress are close to closing an agreement for a new program to support small businesses in difficulty due to the crisis caused by the pandemic. .

The funds from the first program, $ 349 billion, were exhausted in just two weeks. According to CNBC, the new agreement provides for additional loans of $ 370 billion to these companies.

In the last month, 22 million jobs ceased to exist in the US. USA, Based on unemployment insurance claim data.

Asian stock markets also opened lower on Sunday. At around 10 p.m., Japan’s Nikkei-225 index fell 1.3% (follow the behavior of the markets in real time on the InfoMoney Telegram).

Nearly 2.4 million people were infected with the coronavirus, and 165,000 died worldwide, according to the latest data collected by Johns Hopkins University.

In the United States, confirmed cases total 755,000, with 40,000 deaths. In Brazil, there are around 39 thousand cases and 2,462 deaths.

Everything you need to know to make a profit on the Stock Market that operates from your home in a free course: click here and participate!



[ad_2]