European markets set for negative open amid coronavirus, oil jitters [CNBC]
KERING SA UNSP/ADR (PPRUY)
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Source: CNBC
London'sFTSEDAXCAC 40FTSE MIBInvestors in Europe remain focused on coronavirus developments as economies in the region tentatively start to lift lockdowns, butoil markets have come into sharp focusWest Texas Intermediate crude futures for May delivery turned positive in overnight trading,after plunging below zero for the first time in history on MondayThe May contract traded at $1.17 a barrel, after earlier trading at negative $14.04 a barrel, meaning traders would effectively pay to have the oil taken off their hands.But in early Asian trading hours on Tuesday, the price of the May WTI contract returned to positive territory, trading at $1.35 a barrel. The June U.S. crude contract gained 3.23% to $21.09 a barrel. International benchmarkBrent crude futuresAsia stocks fell in Tuesday morning tradeKim Jong UnCNN reported Tuesday, citing an unnamed U.S. official with direct knowledge, that Washington is "monitoring intelligence" that Kim is in "grave danger after a surgery."Hong Kong'sHa
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