29.06.2020 DOW 3o Daily Analysis

29.06.2020 DOW 3o Daily Analysis

Worldwide Covid-19 infections top 10 million on the back of last week's surge in the Americas and India, but two days of declines in new infections in the U.S. are helping stocks to a mixed opening. Facebook (NASDAQ:FB)'s ad boycott troubles deepen, while there's a shaft of light in the sky for Boeing (NYSE:BA). In the oil and gas sector, Chesapeake Energy (NYSE:CHK) files for bankruptcy while BP (NYSE:BP) exits the petrochemicals business. Here's what you need to know in financial markets on Monday, June 29th U.S. stocks are set to open mixed, amid cautious relief at two days of falling numbers of new Covid-19 cases. By 6:30 AM ET (1030 GMT), the Dow futures contract was up 83 points while the S&P 500 futures contract was up 0.2% and the Nasdaq 100 futures contract was down 0.3%.