U.S. stock futures slid Thursday as lawmakers remained gridlocked over new coronavirus relief and the number of Americans applying for jobless benefits in the latest week ticked higher. Futures tied to the S&P 500 fell 0.5%, indicating that the benchmark index may edge lower for a second day after the New York opening bell. Without that, he said stock indexes may struggle to move higher. In currency markets, the Turkish lira slipped 0.8% against the dollar after the country’s central bank kept interest rates unchanged. Economists have said Turkey needs to raise rates to keep foreign investors from selling out of Turkish assets or risk a currency crisis.

Source: Wall Street Journal August 20, 2020 09:49 UTC