Gold posts back-to-back gains to highest settlement in more than week

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Dow Futures Down 100 Pts; Slowing China Growth, Geopolitical Turmoil Weighs

U.S. stocks are seen opening lower Monday, falling back from the previous session’s record levels as rising Covid cases stunt the global economic recovery, particularly in China. At 7:05 AM ET (1105 GMT), the Dow Futures contract was down 100 points, or 0.3%, S&P 500 Futures traded 10 points, or 0.2%, lower, while Nasdaq 100 Futures dropped 35 points, or 0.2%. The blue-chip Dow Jones Industrial Average posted gains of 0.8% last week, closing at a record, while the S&P 500 finished Friday up 0.7% for the week, also notching its best-ever finish.

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