(Bloomberg) — Stock futures tumbled with crude oil and the yen jumped in early Asian trading Monday as investors reacted to the spread of the deadly coronavirus over the weekend. Contracts on the S&P 500 Index fell more than 1% and Japanese equivalents slid. The offshore yuan slumped after China extended the current Lunar New Year Holiday for an unspecified period of time. A swathe of Asian markets are shut for holidays Monday including China, Hong Kong, South Korea and Australia. On Friday, U.S. shares posted their biggest drop since October amid reports of new infections around the globe. Benchmark …read more
Source:: Yahoo Finance