From “U.S. Stock Futures Drop as Coronavirus Infections Surge” ($) posted early Wednesday on wsj.com:
U.S. stock futures edged lower Wednesday as pockets of coronavirus infections emerged in several states, adding to concerns about a second wave of cases around the world that could lead to renewed restrictions on business activity.
Futures tied to the S&P 500 ticked down 0.7%, suggesting the benchmark index will open lower in New York. The stocks benchmark has risen for six of the past eight trading days, boosted by indicators showing a rebound in economic activity after a steep downturn in the spring…
European stocks dropped, with the Stoxx Europe 600 down 1.5%. Germany’s Health Minister Jens Spahn said the coronavirus remained a risk after the western state of North-Rhine Westphalia on Tuesday locked down two municipalities following an outbreak at a meatpacking plant. The country’s stocks benchmark, the DAX, fell 2%.
My take: It is a truth universally acknowledged that Apple in possession of an all-time high, must be in want of a down day.