Dow futures fall more than 200 points amid concerns over reopening the economy

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A person wearing a face mask walks along Wall Street after further cases of coronavirus were confirmed in New York City, New York, March 6, 2020.

Andrew Kelly | Reuters

Stock futures fell on Sunday night as traders weighed the reopening of the economy along with brewing tensions between China and the U.S.

Dow Jones Industrial Average futures were down by 245 points, or 1%. S&P 500 and Nasdaq 100 futures also traded about 1% lower. 

States across the U.S. are letting nonessential businesses reopen and are easing stay-at-home orders in an effort to restart the economy after the coronavirus

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U.S. processes over $500 billion in small business loans to stem coronavirus fallout

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FILE PHOTO: George Washington is seen with printed medical mask on the one Dollar banknotes in this illustration taken, March 31, 2020. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) – The U.S. Small Business Administration has processed over 3.8 million loans for more than half a trillion dollars since the launch of the Paycheck Protection Program on April 3 to deal with the economic fallout of the coronavirus outbreak, according to a joint statement by the SBA and the Treasury Department.

SBA has processed about 2.2 million loans, whose value is over $175 billion, since the start of the second round of the

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Roche wins U.S. nod for COVID-19 antibody test, aims to boost output

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(Reuters) – Roche (ROG.S) has won emergency approval from the U.S. Food and Drug Administration (FDA) for an antibody test to determine whether people have ever been infected with the coronavirus, the Swiss drugmaker said (here) on Sunday.

FILE PHOTO: The logo of Swiss drugmaker Roche is seen at its headquarters in Basel, Switzerland January 30, 2020. REUTERS/Arnd Wiegmann/File Photo

Thomas Schinecker, Roche’s head of diagnostics, said the company aims to more than double production of tests from about 50 million a month to significantly more than 100 million a month by the end of the

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Pipe-laying vessel reaches Baltic as Russia’s Nord Stream 2 target looms

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MOSCOW (Reuters) – A special pipe-laying vessel that could be used by Russia to complete construction of the Nord Stream 2 gas pipeline to Germany has arrived in the Baltic Sea, a Reuters witness said on Sunday.

Pipe-laying vessel Akademik Cherskiy owned by Gazprom, which Russia may use to finish the Nord Stream 2 gas pipeline, is seen in a bay near the Baltic Sea port of Baltiysk, Kaliningrad region, Russia May 3, 2020. REUTERS/Vitaly Nevar

The arrival of the Academic Cherskiy suggests that the pipeline project remains a priority for Moscow despite U.S. sanctions on Russia.

The Nord Stream

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