Stock Futures Fall as Hong Kong Portests Heat Up
- Monday, August 12, 2019, 8:35
- Stock Market
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U.S. stock futures fell Monday morning as escalating protests in Hong Kong weighed on already-dampened investor sentiment. Futures on the Dow Jones Industrial Average lately fell 141.00 points, or 0.54%, to 26,127.00. S&P 500 futures shed 16.00 points, or 0.55%, to 2,903.75. Nasdaq Futures dropped 46.50 points, or 0.61%, to 7,613.75.
Hong Kong International Airport – one of the busiest transportation centers in the world – canceled all departures on Monday after thousands of anti-government protestors flooded its terminal building.
BlackRock Inc.’s private equity vehicle struck its first deal, backing a company that manages brands including Sports Illustrated, Marilyn Monroe and Juicy Couture. The firm’s Long-Term Private Capital fund became the largest shareholder of Authentic Brands Group, the company said.
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