Futures plunge on virus fears as California declares emergency

[turbinetree]

Source: Reuters

BUSINESS NEWS MARCH 5, 2020 / 8:10 AM / UPDATED 22 MINUTES AGO

Medha Singh 3 MIN READ

The S&P 500 had ended 4% higher on Wednesday as Joe Biden’s near sweep at the Democratic presidential primaries distracted investors from the widening spread of the pathogen in the United States.

But fears about economic growth returned to the forefront as the U.S. death toll from the flu-like virus rose to 11 and California declared a state of emergency after the first U.S. fatality outside Washington state.

The U.S. House of Representatives overwhelmingly approved an $8.3 billion bill on Wednesday to combat the spread of the outbreak.

A sales warning by the International Air Transport Association that the epidemic could hit revenue at passenger airlines by up to $113 billion sent shares in American Airlines Group Inc, Delta Air Lines, Southwest Airlines and Spirit Airlines down more than 3%

Read more: https://www.reuters.com/article/us-usa-stocks/futures-plunge-on-virus-fears-as-california-declares-emergency-idUSKBN20S1MX?il=0

---

-snip-

and in the white house the country and the world his watching a traitor play doctor......................with his chief enabler from Fix Noise propaganda show playing doctor also........................

8 more months of this and then we have to wait three more months until Jan 3, 2021.............................

[gab13by13]

1. The main reason the market is tanking,

isn't just because of the coronavirus, it's because a buffoon is president and making the virus worse. The market, like other thinking humans, doesn't believe a thing that Trump or Pence says, the market doesn't like uncertainty.

[yaesu]

2. CA declared that before the big health insurance rally yesterday so why does that bother them now?

[Iliyah]

3. California has the highest known infected cases so far at 53 . . .

1 death. Washington state has 10 deaths.

Shithole and his unqualified comrades don't know what the fuck they are doing and probably don't care.

Republicans are not saying anything. Shithole says it's ok for infected people to go to work.

[fwvinson]

4. Or his fascist rallies.