U.S. Raises U.K. Travel Alert as Covid Mars ‘Freedom Day’
CDC and State Department warnings come just as U.K. reopens
Airline shares drop amid a worldwide slump in equities
Americans should avoid traveling to the U.K. because of a surge in that nation’s spread of Covid-19, U.S. government and health officials warned.
The U.S. State Department issued its “do not travel” statement after the U.S. Centers for Disease Control and Prevention boosted its travel alert to “Very High,” citing a surge in cases that puts even fully vaccinated travelers at risk for contracting and spreading coronavirus variants. Any travelers to the U.K. should wear a mask and stay at least 6 feet (1.8 meters) from other people, the CDC said.
U.S. Futures, Stocks Rise; Treasuries Resume Gains: Markets WrapBy
Earnings back in focus; traders trim Fed tightening bets
Dollar steady; oil fluctuates after tumbling to eight-week low. U.S. stock-index futures gained as equity markets stabilized after Monday’s rout, with investors weighing corporate earnings against the uncertain outlook for global growth. Treasury yields edged lower and the dollar was steady.
Futures on the S&P 500 and Nasdaq 100 signaled a firmer open for U.S. stocks. The Stoxx Europe 600 index snapped a four-day losing streak as traders looked for buying opportunities after the worst slump since October. UBS Group AG jumped more than 4% after reporting earnings that beat analysts’ estimates, while Volvo Group declined after missing expectations. Bonds in Europe advanced.