Monday morning market news on Covid-19

US  stock futures on the Dow Jones index Monday morning are pointing to another 1,050 point drop after Friday’s 1,985 point rise.

The equity futures have been limit-down overnight and could trigger a 15-minute halt as circuit breakers may kick in if the market opens this way in 2 hours. Global indices are all in the red with losses between 3% to 5% overnight.

Crude oil is below $30 a barrel, the lowest since 2016, and gold is selling off again down $35 an ounce.

I will be back later today as news and market conditions change. Look for multiple daily postings.

1 thought on “Monday morning market news on Covid-19

  1. Pingback: Fed’s bazooka fires a dud | Gray's Economy

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