Wednesday Outlook: Stocks dip as coronavirus infections grow at an alarming pace

Uncertainty over next week's U.S. elections adds to a "risk off" tone

  
Image used for illustrative purpose. The falling Hang Seng Index is shown on a panel outside a bank in Hong Kong, China February 9, 2018.

Image used for illustrative purpose. The falling Hang Seng Index is shown on a panel outside a bank in Hong Kong, China February 9, 2018.

REUTERS/Bobby Yip

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Gold slips on firmer dollar, ebbing hopes of U.S. stimulus
U.S. gold futures were down 0.2% at $1,908.70

Oil falls on oversupply fears after build in U.S. crude stocks
In early Asia, Brent crude was down 61 cents, or 1.5%, at $40.59 a barrel

Euro under pressure on lockdown fears ahead of Macron address
The dollar gave up early gains against other major currencies as sentiment turned bearish

Asian shares, U.S. stock futures sag on coronavirus, U.S. election worries
The fall in U.S. stock futures came after a mixed session on Wall Street


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