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Love would be the theme for right now’s Valentine’s day, however the markets are principally feeling, “I believe I will simply throw on my cozy sweats, seize a pint of ice cream and go for a Netflix marathon.” Or perhaps that is simply us.
Yesterday traders continued to reassess danger regarding COVID-19, leaving the foremost US indices little modified. At present Asia closed principally within the inexperienced, albeit simply barely, aside from Japan’s Nikkei, which closed down simply over 0.5%. Markets in Europe have been blended by mid-day buying and selling, however little modified both manner. US fairness futures level to a slight improve on the open – one other day with little path.
Maybe cupid and his arrows have traders distracted forward of the lengthy weekend within the US? Given Presidents’ Day within the US is Monday, markets might be closed so we would not be stunned to see merchants taking a cautious stance into the weekend to keep away from any COVID-19 surprises earlier than markets re-open on Tuesday.