(Bloomberg) — U.S. futures slid along with Japanese and Australian shares, and the dollar climbed, after sobering comments from Amazon and Apple about the impact of the coronavirus.Amazon.com warned of a possible second-quarter loss, while Apple omitted an earnings forecast for the first time in more than a decade. While global stocks posted their best month since 2011 in April — spurred by a slowdown in coronavirus infections and massive stimulus initiatives — earnings announcements and economic data are serving a reminder of lasting pain. The dollar halted a four-day slide and Treasuries recouped some recent losses amid the risk-off tone Friday. Trading was limited by holidays across much of the Asian region, and most of Europe will also be shut.Strong results from Microsoft Corp., Facebook Inc. and Tesla Inc. had limited losses on the tech-heavy Nasdaq gauges on Thursday. The S&P 500 Index posted its best month since 1987.Investors continue to weigh a brutal economic picture against hopes for a coronavirus treatment and an eventual end to lockdown measures across the world. Data Friday showed South Korea’s exports plunged the most since the 2009, as did a gauge of Japanese manufacturing. U.S. Food and Drug Administration Commissioner Stephen Hahn said the agency is moving at “lightning speed” to review data on Gilead Sciences’ experimental Covid-19 treatment.These are the main moves in markets:StocksFutures on the S&P 500 dropped 1.6% as of 12:06 p.m. in Tokyo after the index fell 0.9% Thursday.Japan’s Topix Index fell 2%.Australia’s ASX/S&P 200 slumped 3.7%.FTSE 100 futures declined 1.6%.CurrenciesThe Bloomberg Dollar Spot Index rose 0.4%.The euro fell 0.1% to $1.0941.The British pound fell 0.3% to $1.2560.The Japanese yen was little changed at 107.13 per dollar.China’s offshore yuan was down 0.7% at 7.1295 per dollar.BondsThe yield on 10-year Treasuries fell two basis points to 0.62%.Australian 10-year yields slipped to 0.87%.CommoditiesWest Texas Intermediate crude gained 2.8% to $19.37 a barrel.Gold was little changed at $1,689 an ounce.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
