U.S. Stock Index Futures Slide as Virus Spread Saps Risk Demand

(Bloomberg) — U.S. stock index futures slid in early Asian trading Monday as investors reacted to the spread of the deadly coronavirus over the weekend.S&P 500 Index futures contracts expiring in March fell as much as 1.3% as of 9:11 a.m. in Tokyo, after China extended the Lunar New Year holiday for an unspecified period of time to help stem the spread of the coronavirus that has killed at least 56 people. Dow Jones Industrial Average contracts for March were down 0.9% while those on the Nasdaq 100 retreated 1.3%.President Xi Jinping on Saturday ordered a faster response, sending teams …read more

Source:: Yahoo Finance