Dow Futures Sink More Than 400 Points As Coronavirus Cases Rise

CNBC ^ | 01/27/20 | Fred Imbert and Silvia Amaro

[Enlightened1]

U.S. stock index futures fell sharply Monday morning after more cases of the coronavirus were confirmed over the weekend, ratcheting up worries over the virus’ impact on the world economy.

Around 7 a.m. ET, Dow Jones Industrial Average futures were down 426 points, indicating a loss of 438 points at the open. S&P 500 and Nasdaq 100 futures pointed to losses of more than 1% to start off the session.

[Enlightened1]

So our stock market is tanking because Wall Street is worried about a money slow down out of China.

All the U.S. needs to stop all flights to China, and China along with any other nation that has it needs to quarantine the infected people. This is not that hard to handle. This is not our first pandemic.

Now letting flights continue and saying we cannot quarantine infected people is dangerous, stupid and will tank the stock market.

[DoodleDawg]

I’ll bet pharmacy futures are way up.

[Enlightened1]

Oh yeah no doubt. They are loving it along with the media that they are hoping to keep people tuned in living in constant fear.

[BipolarBob]

“Sell Mortimer Sell!”

[grobdriver]

This, too, shall pass.

Anybody remember Ebola?

[Vaquero]

My goodness these people are volatile. A hiccup can screw the economy.

[billyboy15]

wonderful buying opportunity here for those not faint of heart.

[Enlightened1]

Agree but you have to wait until it bottoms out.

[billyboy15]

It’s not possible to know that so the best thing is to average out the buys.

[period end of story]

A hiccup can screw the economy.

No problem.

Hiccups fluctuate, but historically rise upwards.

[21twelve]

“Anybody remember Ebola?”

Ah - the good old days. When they would put individuals under quarantine. Not like entire cities totaling 50+ million people.

[Enlightened1]

CHECK THIS OUT. DJIA IS SERIOUSLY TANKING.

IT’S GOING NUTS RIGH NOW?

Keeps Bouncing between 1,500 and over 5,000 points fall.

https://markets.businessinsider.com/futures/dow-futures

[Texas resident]

Ebola, Sars, bird flu, swine flu, Aids.

Run for your lives!!!

[ncalburt]

I agree.
Trump needs to do more now . Get ahead of this thing .
Release more funds to the CDC .
Stop all Chinese visitors unless they're quarantined first.
Stop that State dept chartered planes from coming here until
they are all under a quarantined for 14 days .
The Dems and there propaganda division will have a field day
if he does not get proactive now .
Even Chuck demanded more CDC funds yesterday .

[precisionshootist]

This may sound crazy but somehow I think this is related to getting Trump out. Not the actual virus but the panic may be being fueled by the anti Trump deep state. Sounds crazy but I put nothing past those that hate the President and our Country. The impeachment is a disaster, so they push the news to crash the market.

[Enlightened1]

I do not think that is crazy at all. The markets are controlled.

Remember the Plunge Protection team under Obama. They are still there.

[11th_VA]

That can’t be real - that’s a joke right ?

[Cowboy Bob]

Crude oil is dropping too...

[VTenigma]

I’m leaning toward agree.

[Sirius Lee]

Plunge Protection team

only now they are functioning as the RRT. (Rise Resistance Team).