US stock index futures edged lower on Wednesday as the United States posted a record single-day jump of more than 1,800 coronavirus deaths, grinding out optimism around early signs of the outbreak slowing.
Tesla Inc became the latest US company to furlough staff
Despite strong early gains on Tuesday after health officials said the pandemic may kill fewer Americans than recent projections, the three major indexes ended lower as oil prices tumbled. New York, the US epicentre of the pandemic, was one of several states to post their highest number of daily virus-related fatalities on Tuesday, with total infections in the country approaching 400,000.
Meanwhile, Tesla Inc became the latest US company to furlough staff and cut salaries during a shut down of its US production facilities. At 05:34 am EDT, Dow e-minis 1YMcv1 were down 28 points, or 0.12 percent, S&P 500 e-minis EScv1 were down 4.25 points, or 0.16 percent and Nasdaq 100 e-minis NQcv1 were down 0.75 points, or 0.01 percent.