Bloomberg US equity futures jumped with European stocks on Tuesday after a sell-off in Chinese shares ended and as investors weighed the latest efforts to contain the deadly coronavirus. Commodities rallied, from crude oil to coffee. Contracts on the three main US stock indexes each advanced more than 1%, though Las Vegas Sands Corp, MGM Resorts International and Wynn Resorts ...

Bloomberg The pound erased losses after traders pushed back bets for a Bank of England (BOE) interest-rate cut to next year following better-than-expected UK construction data. Money markets now see a 25-basis-point reduction by the BOE in January 2021, compared with bets on February 3 for easing in November. That led sterling to rebound after it earlier dropped to its ...

Bloomberg The spread of the coronavirus to China’s stock market erased more than $10 billion from the collective net worth of the richest 15 people whose companies trade on the mainland. Midea Group founder He Xiangjian lost $1.8 billion, the most among that group, as shares of the appliance manufacturer tumbled 8.9%. He was followed by Zhang Fan, whose fortune ...