Stocks Remain Volatile, With U.S. Futures Pointing Lower

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Stocks Remain Volatile, With U.S. Futures Pointing Lower
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Asian shares build on a U.S. surge amid signs of coordinated action to counter the economic hit from coronavirus

Shares in Asia rose Thursday, building on a U.S. surge, as investors welcomed growing signs of coordinated action to counter the economic impacts of the fast-spreading coronavirus.

Futures linked to the U.S. equity benchmarks dropped over 1%, meanwhile, suggesting that American stocks are poised to drop after the opening bell in New York. European stocks opened lower, with the pan-continental Stoxx Europe 600 index drifting down 0.5%.

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