US futures point to declining opening on Wall Street


US stock index futures point to a decline in opening on Wall Street on Thursday as investors continue to worry about the spread of the coronavirus and look forward to a series of profits.At around 6:15 am ET, futures on Dow indicated that the average would drop more than 200 points at the opening, while futures on the S&P 500 and the Nasdaq were also lower.

Investors continue to follow the news of the coronavirus epidemic after China said it had confirmed 15,152 new cases and 254 more deaths. These figures include those previously reported by Hubei Province as part of its new diagnostic methodology.

This brings the total death toll to 1,367 in the country, with the number of people infected rising to nearly 60,000, according to the Chinese government.

Meanwhile, the Mobile World Congress, the world's largest trade fair for the mobile phone industry, was canceled on Wednesday amid fears of the epidemic.

Profits are also at the center of investors' concerns: Airbus, Kraft Heinz, Alibaba, Credit Suisse, Barclays, Nestlé and PepsiCo publish all their profits before the bell. The companies that report after the bell are Nvidia, Expedia and Datadog.

Speeches by the Federal Reserve of Dallas Fed President Robert Kaplan and New York Fed President John Williams on the economic outlook and monetary policy will also be of interest to investors.


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