U.S. Futures, Global Stocks Retreat as Investor Jitters Grow

Global stocks lost ground Thursday as fresh concerns about a new wave of infections and the Federal Reserve’s signals that the economic outlook for next year was unusually uncertain weighed on investors’ sentiment. Futures tied to the Dow Jones Industrial Average fell 3.4%, suggesting blue-chip stocks will retreat about 500 points following the New York opening bell. The Dow declined 1% Wednesday after Fed Chairman Jerome Powell said the coronavirus pandemic could inflict long-run damage on the economy by changing consumer…

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