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US STOCKS-Futures rise on hopes virus may be over soon; Sprint soars [Reuters]
Last t-mobile us, inc. earnings: 2/6 04:01 pm
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Futures rise on hopes virus may be over soon; Sprint soars (Reuters) - U.S. stock index futures rose on Tuesday as a top Chinese health adviser said the coronavirus outbreak may plateau in the next few weeks, while Sprint shares surged on hopes of favorable ruling for its merger with T-Mobile. China’s foremost medical adviser on the epidemic said infections may be over by April, with the number of new cases already declining in some places, even as the death toll crossed 1,000. However, investors were on edge as it was still unclear how much of a hit the world’s second-largest economy would take as factories struggled to resume production after an extended Lunar New Year break. “Now it’s no longer a question of whether the coronavirus epidemic will lead to an economic slowdown, but how painful this slowdown will be,” said Lukman Otunuga, senior research analyst at FXTM. “The scale of the impact can only be determined when the spread of the virus begins to slowdown and the outbreak get
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