U.S. Index Futures Tumble as Virus Concerns Spread Beyond Asia

(Bloomberg) — U.S. stock-index futures dropped as news of the coronavirus spreading in countries including Italy and Iran increased concern over its potential impact on global growth.S&P 500 Index contracts expiring in March slid as much as 1.5% in early Asian trading Monday after finance chiefs and central bankers from the world’s largest economies said they see downside risks to growth persisting as the deadly virus continues to spread. Dow Jones Industrial Average futures declined as much as 1.4%, while those on the Nasdaq 100 Index retreated as much as 1.8%.China’s coronavirus cases rose to at least 76,936 over the …read more

Source:: Yahoo Finance

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