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Stock futures tank as virus fears spur flight to safety

Stock futures tank as virus fears spur flight to safety

(Reuters) - Wall Street was set for a steep drop at the open on Friday as heightened fears about the economic damage from the coronavirus epidemic drove investors to perceived safe havens such as bonds and gold. The outbreak, which has infected more than 100,000 globally and spread to at least four new U.S. states on Thursday, has crippled supply chains

Futures tank as virus fears spur flight to safety

Futures tank as virus fears spur flight to safety

(Reuters) - U.S. stock index futures dropped sharply on Friday as compounding fears about the economic damage from the coronavirus epidemic drove investors to perceived safe havens such as bonds and gold. The outbreak, which has infected nearly 100,000 globally, has crippled supply chains and prompted a sharp cut to global economic growth forecasts

Wall St. to open sharply lower as virus fears shut down California (March 5)

Wall St. to open sharply lower as virus fears shut down California (March 5)

(This March 5 story corrects Reuters instrument code for 10-year U.S. Treasury in paragraph 14 to “US10YT=RR”, from “US10YR=RR”) By Medha Singh and Sanjana Shivdas (Reuters) - Wall Street was set for strong declines at the open on Thursday as the fast-spreading coronavirus led California to declare an emergency, while airline stocks were hammered

Wall Street to open sharply lower as virus fears shut down California

Wall Street to open sharply lower as virus fears shut down California

((This March 5 story has been refiled to corrects Reuters instrument code for 10-year U.S. Treasury in the 14th paragraph to “US10YT=RR”, from “US10YR=RR”)) By Medha Singh and Sanjana Shivdas (Reuters) - Wall Street was set for strong declines at the open on Thursday as the fast-spreading coronavirus led California to declare an emergency, while airline

Wall Street to open sharply lower as virus fears shut down California

Wall Street to open sharply lower as virus fears shut down California

(Reuters) - Wall Street was set for strong declines at the open on Thursday as the fast-spreading coronavirus led California to declare an emergency, while airline stocks were hammered by crippled travel demand. The S&P 500 had ended 4% higher on Wednesday, as Joe Biden’s surprising lead in the Democratic primaries distracted traders from the widening

Futures plunge on virus fears as California declares emergency

Futures plunge on virus fears as California declares emergency

(Reuters) - Coronavirus fears looked set to drive another steep drop for U.S. stock markets on Thursday after California declared an emergency, while airlines shares were hammered by an industry sales warning as the outbreak cripples travel demand. The S&P 500 had ended 4% higher on Wednesday as Joe Biden’s near sweep at the Democratic presidential