Good morning. U.S. equity futures fluctuated and stocks in Europe and Asia declined on Monday as investors struggled to gauge the economic hit from the spreading coronavirus while preparing for more corporate earnings. Treasuries and European bonds turned higher. The Stoxx Europe 600 Index decreased 0.2%. The MSCI Asia Pacific Index declined 0.5%. The MSCI Emerging Market Index dipped 0.3%.
Source: Bloomberg
Source: Bloomberg
Learn more: Stocks Slip on Virus Worry
President Donald Trump is expected to release a $4.8 trillion budget Monday that charts a path for the start of a potential second term, proposing steep cuts to social-safety-net programs and foreign aid and higher outlays for defense and veterans.
The plan would increase military spending 0.3%, to $740.5 billion for fiscal year 2021, which begins Oct. 1, according to a senior administration official. The proposal would cut nondefense spending by 5%, to $590 billion, below the level Congress and the president agreed to in a two-year budget deal last summer.
Learn more: Trump’s proposed $4.8 trillion budget will seek cuts to Medicare
Editor/Celeste
早上好。美国股市期货周一波动，欧洲和亚洲股市周一下跌，因投资者在准备更多企业盈利的同时，很难估计蔓延的冠状病毒对经济造成的冲击.美国国债和欧洲债券走高。斯托克欧洲600指数下跌0.2%。摩根士丹利资本国际亚太指数下跌0.5%。摩根士丹利资本国际新兴市场指数下跌0.3%。
资料来源：彭博
资料来源：彭博
了解更多信息：关于病毒担忧的库存下滑
美国总统唐纳德·特朗普(Donald Trump)预计将于周一公布4.8万亿美元的预算，为潜在的第二任期铺平道路，提议大幅削减社会安全网项目和外国援助，并提高国防和退伍军人的支出。
根据一位高级政府官员的说法，该计划将使2021财政年度的军费开支增加0.3%，达到745亿美元。2021财政年度将于10月1日开始。该提案将把非国防开支削减5%，降至5900亿美元，低于美国国会和总统在去年夏天达成的两年预算协议。
了解更多：特朗普提议的4.8万亿美元预算将寻求削减医疗保险
编辑/塞莱斯特
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