Year: 2020

(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 […]

Shares slid on Monday as investors shunned equities on growing concerns over the scope of a China virus outbreak, with safe-haven assets such as the Japanese yen and Treasury notes in greater demand. Concerns over the spread of the coronavirus in China, and the potential economic impact, continue to generate financial market headlines. “Media wins — all you see is headlines about the coronavirus, giving investors a reason to sell the markets,” said Takeo Kamai, head of executions services at CLSA in Tokyo. …read more […]

Stocks tumbled on Monday as investors grew increasingly anxious about the economic impact of China’s spreading virus outbreak, with demand spiking for safe-haven assets such as the Japanese yen and Treasury notes. Japan’s Nikkei average suffered a steep 1.8% loss, on track for the biggest one-day fall in three weeks. U.S. S&P 500 mini futures was last down 0.9%, having fallen 1.3% in early Asian trade. …read more […]

Kobe Bryant, the former Los Angeles Lakers superstar, died in a helicopter crash on Sunday, NBA officials confirmed to league employees. He was 41 years old. Bryant’s 13-year-old daughter, Gianna, was also killed in the crash. Photo: Associated Press …read more […]

(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 […]

Lockheed Martin’s Sikorsky, whose helicopter crashed and killed former NBA superstar Kobe Bryant on Sunday, pledged to investigate the incident. …read more […]

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Ford has settled a class-action lawsuit with nearly 2 million owners and ex-owners of Focus and Fiesta cars with bad dual-clutch transmissions …read more […]

Mortgage rates are lower this week and are closing in on record territory. …read more […]

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The week’s best and worst from Kim Strassel, Kyle Peterson and Dan Henninger. Image: C-Span …read more […]

Whose theory of the election will Democratic voters buy? Image: Chip Somodevilla/Getty Images …read more […]