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Dow futures fall 300 points as COVID-19 cases surge, stimulus remains stalled

October 26, 2020

Stock-index futures slumped Monday as the number of daily U.S. COVID-19 infections hit a record at the end of last week and a final agreement on a new round of aid to the economy remained elusive.

What are major benchmarks doing?

Futures on the Dow Jones Industrial Average YM00, -0.99% fell 317 points, or 1.1%, to 27,872, while S&P 500 futures ES00, -0.89% were down 35.80 points, or 1%, at 3,416. Nasdaq-100 futures NQ00, -0.75% dropped 102.75 points, or 0.9%, to trade at 11,560.75.

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