HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » U.S. stock futures sink, ...

Sun Mar 1, 2020, 09:28 PM

U.S. stock futures sink, suggesting the worst isn't over for Wall Street

https://www.marketwatch.com/story/us-stock-futures-sink-suggesting-the-worst-isnt-over-for-wall-street-2020-03-01?mod=home-page

U.S. stock market futures fell sharply late Sunday, suggesting further losses when trading begins Monday, following the worst week on Wall Street since 2008.

Dow Jones Industrial Average futures YM00, -0.65% initially fell more than 300 points, but stabilized and were last down around 250 points. S&P 500 futures ES00, -0.87% and Nasdaq Compoosite futures NQ00, -0.86% were down around 1%.



Asian market update
https://www.bloomberg.com/news/articles/2020-03-01/yuan-drops-with-aussie-on-virus-fear-economy-woes-markets-wrap

Another painful session for global markets began Monday with a slump in equities and a slide in sovereign bond yields, as investors reacted to a much deeper decline in Chinaís manufacturing than expected, and the continued spread of the coronavirus.

Japanese stocks opened 1.3% lower, and S&P 500 futures slumped over 1%, with a signal from the Federal Reserve Friday that itís open to easing policy providing little comfort. Australian and New Zealand 10-year yields set new record lows and Treasury yields slid below 1.1%. Moves did ease somewhat in currencies in early trading and oil pared its losses, while South Koreaís won climbed on strong trade data.

2 replies, 622 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 2 replies Author Time Post
Reply U.S. stock futures sink, suggesting the worst isn't over for Wall Street (Original post)
Roland99 Mar 2020 OP
onenote Mar 2020 #1
Roland99 Mar 2020 #2

Response to Roland99 (Original post)

Sun Mar 1, 2020, 09:57 PM

1. Now the futures market is back in positive territory - 8:30 pm

It's going to be volatile for awhile.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to onenote (Reply #1)

Mon Mar 2, 2020, 09:20 AM

2. Yeah. Wavering back slightly negative now. Shanghai +3% !

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread