NEW YORK - U.S. stock futures are trading cautiously after paring gains overnight, as efforts to contain the coronavirus remain a priority across the globe and as President Trump announced that social distancing guidelines will remain in place until April 30 at least.
Equity futures are searching for direction. RELATED: CoronavirusNOW.com, FOX launches national hub for COVID-19 news and updates The move follows a volatile but positive week for the three major averages, which saw the Dow gain over 12.8 percent and exit its bear market on Thursday.
The S&P 500 rose 10.26 percent while the Nasdaq gained more than 9 percent. In European markets, London's FTSE fell 1 percent, Germany's DAX declined 0.5 percent and France's CAC dropped 1 percent.