W

ednesday is starting relatively neutral this week.

After a surge in yesterday’s pre-market, during the trading period we saw stocks declining and erasing all those gains, finishing the day slightly negative.

During the night, Asian markets were also relatively stable, with China declining slightly and Korea down 1%. Japan started in the red, but after the lunch break in treading it regained all losses and added +2%.

Europe is still trading at this time (8AM ET) and stocks are down around 1%. Their markets started negative, regained some losses and gave them back again in the last hour.

These movements were reflected in the US futures which at this time are up less than 1%. During the night, they have been trading in the range from -1% to +1%. Compared to movements last week when the futures were moving in a 10% range, this is much more stable.

The outbreak took a turn yesterday after new cases in the World, USA and New York all jumped from after two previous days of declines. These numbers could be one of the reasons about yesterday’s declines.