U.S. S&P500 e-mini futures fell more than 1% in Asian trade on Monday on mounting worries the new coronavirus outbreak could severely disrupt the Chinese economy, an engine of global growth.
(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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U.S. state attorneys general will meet Justice Department attorneys next week to share information on their investigations into Alphabet Inc’s Google, two sources familiar with the matter told Reuters on Sunday. The probes revolve around monopolistic behavior that may harm consumers through Google’s control of online advertising markets and search traffic.
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 […]
Is it about the Constitution, or just politics? Image: Alex Wong/Getty Images …read more […]
Oil forecasts move the market, and the big three oil forecasters are by far the most influential, but are they also the most accurate? …read more […]
WeWork has signed a deal to provide space to 250 employees of gym membership app company Compass in New York, the latest example of the U.S. office-sharing start-up’s majority owner, SoftBank Group Corp, using its connections to buoy its business, people familiar with the matter said on Sunday.
As the World Economic Forum unfolded in Davos, Switzerland, world leaders gathered to discuss, among other important topics, cannabis, its potential, its legalization, and the hurdles of such a process. … …read more […]
From Roth conversions to better management of Social Security, here are some retirement planning strategies to consider in the new year. …read more […]
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