What to watch today: Dow set to fall more than 400 points as Covid cases rise; more earnings coming

What to watch today: Dow set to fall more than 400 points as Covid cases rise; more earnings coming

BY THE NUMBERSU.S. equity futures are set for a sharply lower open, as investors grappled with an increase in coronavirus cases, uncertainty over next Tuesday's election, and the continued lack of an economic stimulus package. Dow futures implied an opening loss of more than 400 points. S&P 500 and Nasdaq futures also were in the red. On Tuesday, the Dow and benchmark S&P fell, while the tech-heavy Nasdaq gained 0.6%. (CNBC) * Treasury yields fall for 4th straight day over stimulus concerns (CNBC) The Dow is already at its lowest in a month, with the S&P 500 and Nasdaq at three-week lows. Based on futures activity, the S&P 500 is likely to go negative for October at the open, joining the Dow and leaving the Nasdaq as the only major