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S&P/ASX 200 set for tough day after US markets sell-off Friday

Last Friday, the S&P 500 closed down 3.37% and the Nasdaq Composite closed down 3.79%.

Reject Shop Ltd - S&P/ASX 200 set for tough day after US markets sell-off Friday
The Reject Shop CFO will be leaving the company at the end of April 2020

S&P/ASX 200 (INDEXASX:XJO) (ASX:XJO) futures are yet to open this morning but were down around 1.3% after the US markets closed down around 3-4% on Friday.

While the US passed its record economic stimulus package, the COVID-19 outbreak in the US continues to get worse with cases and deaths still increasing.

The S&P 500 Index (INDEX:. INX) closed at 2,541.47, −88.60 or down 3.37% and the Nasdaq Composite (INDEXNASDAQ: .IXIC) closed at 7,502.38, −295.16 or down 3.79%.

Although US markets were down Friday, the week still finished up around 10% for the major US indices.

In company news this morning, Reject Shop Ltd (ASX:TRS) has revealed that chief financial officer (CFO) Darren Briggs will leave the company at the end of April 2020.

 

 

Quick facts: Reject Shop Ltd

Price: 6.33 AUD

ASX:TRS
Market: ASX
Market Cap: $241.97 m
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