FOX Business’ Gerri Willis breaks down the day’s economic statistics as markets close.
U.S. equity futures are trading lower as Wall Street returns to trading following the Martin Luther King Junior holiday.
Continue Reading Below
The major futures indexes are indicating a lower opening of about 0.4 percent when trading begins.
Asian stock markets tumbled Tuesday as concern about the economic impact of a Chinese disease outbreak rose.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
The Chinese government announced there has been a fourth death from coronavirus. The outbreak, centered on the city of Wuhan, has sickened more than 200 people.
Authorities said some infections were transmitted person-to-person, increasing the risk the disease might spread faster during the Lunar New Year holiday.
NAVARRO’S DOW 32,000 PREDICTION A ‘FOOL’S ERRAND’:MARKET EXPERT
The Shanghai Composite Index fell 1 percent, Hong Kong’s Hang Seng was off 2.3 percent and Tokyo’s Nikkei retreated 0.9 percent.
The Bank of Japan left its policy rate at -0.1 percent and reaffirmed its commitment to increase holdings of government bonds. Board members raised their projection of economic growth in the year that starts in April to 0.9 percent from 0.7 percent.
CLICK HERE TO READ MORE ON FOX BUSINESS
The European central bank also is due to make an interest rate decision this week.
The Associated Press contributed to this article.
