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U.S. Stocks May Move To The Downside Amid Worries About China Covid Surge

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Stocks may move to the downside in early trading on Monday, giving back ground after ending last Friday's choppy session mostly higher. The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.4 percent.

Concerns about the outlook for the global economy may weigh on Wall Street amid a surge in new Covid cases in China.

China reported the death of three people after contracting Covid, marking the first Covid-related deaths that China's mainland has reported since May.

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