Futures flat as Wall Street consolidates, COVID-19 extends surge

Futures flat as Wall Street consolidates, COVID-19 extends surge

Stock futures were flat to slightly weaker on Sunday evening, as investors weighed new COVID-19 infections — which are leading to rising deaths and a record number of hospitalizations across the U.S. — against the rapidly unfolding timetable for the deployment of a vaccine.

Investors have been broadly encouraged by the steady flow of positive news over a coronavirus cure. Pfizer (PFE) and BioNTech (BNTX) said on Friday they plan to file for an emergency use authorization with the U.S….


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