Alaska Earthquake, Tsunami Warning: US Stock Futures Turn Negative

23 January 2018 (6:41 AM EST)

U.S. stock futures have slumped in negative after an 8.2 magnitude earthquake hit the Gulf of Alaska in early morning hours Tuesday and a tsunami warning was issued for Alaska and the U.S. West Coast.

Residents of Kodiak, the Alaskan island near the earthquake’s epicenter have been warned about an impending tsunami and have been advised to evacuate to higher grounds for safety.

U.S. stock futures, that were trading marginally positive in global session, have slumped into the red after the tsunami warning to the West Coast. California, Washington and Oregon are among the regions on watch for tsunami.

European stock markets have also trimmed their earlier gains.

The Dollar index remain positive. The drop in U.S. stock futures is not much and may not reflect on broader day trend after the opening bell.

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