U.S. stock futures were flat on Thursday night as investors continued to weigh the prospects of a potential coronavirus treatment.
To be sure, CNBC's Jim Cramer raised doubt over the trial conducted in China, advising investors to wait for results from U.S. studies before disregarding the treatment.
The coronavirus outbreak has dominated market sentiment for most of 2020 as investors grapple with the its economic consequences. The major averages have rallied more than 25% since late March, with the S&P 500 retracing about half of its downside move from the all-time high set Feb. 19.
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