Dow futures tumble 1,000 points as all-out oil price war adds to coronavirus stress
Stock futures tumbled in overnight trading Sunday as investors continued to brace for the economic fallout from the spreading coronavirus, while a shocking all-out oil price war added to the anxiety.
Futures on the Dow Jones Industrial Average plunged about 1,078 points, pointed to a more than 1,000-point loss at Monday’s market debut. The S&P 500 futures also indicated a 4% drop at the open on Monday. The sharp declines in the futures market pointed to more turbulence ahead after a roller-coaster week that saw the S&P 500 swing up or down more than 2.5% for four days straight........MORE
Earlier:
"Assume Crash Positions: Goldman Cuts Brent Price Target To $30 'With Possible Dips Near $20'"
"Oil War: MbS Destroys OPEC By Flooding Market, Slashing Oil Prices"
