Global stocks are plummeting Monday as the novel coronavirus outbreak and an oil crash rattle investors.
New York/Hong Kong Global stocks are collapsing Monday as the novel coronavirus outbreak and an oil crash rattle investors.
S&P 500 futures plunged as much as 5% Sunday evening, triggering a limit that prevents futures from trading below that mark. Dow futures fell more than 1,000 points, or about 4.1%. Nasdaq Composite futures were down 4.3%. The sell-off carried over into Asia Pacific, where Australia's S&P/ASX 200 dropped more than 5% on Monday, putting the index on pace for its biggest plunge since November 2008.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Next stock market crash: How coronavirus could jumpstart the process - Business InsiderA notorious market bear says investors are making a classic error at the worst possible time — and warns coronavirus 'chaos' could kickstart a 67% market crash
Read more »
Stock market crash: How coronavirus sell-off causes next credit crisis - Business Insider'Much worse than 2008': An expert who foresaw the dot-com crash warns the stock market's recent turmoil has kicked off another full-blown financial crisis
Read more »
The Baby Toys the Of a Kind Founders Would Stock in Their (Nonexistent) ShopThat’ll appeal to adults, too.
Read more »
Stock market week in review: Outlook mixed amid coronavirus volatility - Business InsiderSome experts blamed algorithmic trading for the wild price swings, while others looked to the past to find how where bearish sentiments could peak.
Read more »
Mideast stock markets sharply drop on oil, coronavirus fearsDUBAI, United Arab Emirates (AP) — Stocks markets in the Mideast suffered sharp drops in early trading Sunday over fears about the new coronavirus and falling demand for crude oil amid a failure...
Read more »
Italian stock exchange to open as usual on MondayItaly's stock exchange will open as usual on Monday, a spokesman said on Su...
Read more »