Dow futures up nearly 200, oil’s winning streak, waiting for ADP jobs

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New York Stock Exchange building is seen at the Financial District in New York City, United States on March 29, 2020.

Tayfun Coskun | Anadolu Agency | Getty Images

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7:43 am: Coronavirus cases in the US top 1.2 million

More than 1.2 million people in the U.S. have been infected by the coronavirus as of Wednesday, with the death toll climbing to 71,000, according to data from Johns Hopkins University. Globally, more than 3.65 million cases have been confirmed and over 256,800 people have lost their lives. Some countries are experiencing

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Boeing, GE, ADP, Hasbro, LabCorp, Spotify & more

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Take a look at some of the biggest movers in the premarket:

Boeing (BA) – Boeing lost $1.70 per share, larger than the $1.61 per share predicted by Wall Street analysts, with revenue also below estimates. Boeing also announced plans to cut commercial jet production rates as well as reduce payroll.

General Electric (GE) – GE reported quarterly profit of 5 cents per share, below the consensus estimate of 8 cents a share. Revenue came in above forecasts. CEO Larry Culp said the coronavirus outbreak materially challenged first-quarter results, with an impact of $700 million on operating profit.

ADP (ADP)

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