U.S. futures set to slip at openU.S. stock index futures pointed to a lower open on Friday after weak German manufacturing data sparked worries about global economic growth. The disappointing German purchasing managers survey showed manufacturing contracted to its lowest level since 2012. At around 6:58 a.m. EDT, futures on the S&P 500 were down 12.38 points, or 0.43% to 2,850.12. 10-year yield fell almost 4 basis points to 2.499% as 2-year treasury yield was down 3 bps to 2.383%. Garuda becomes the first airline to make a formal cancellation of an order for the 737 Max 8.

Source: Ethiopian News March 22, 2019 12:25 UTC