Futures plummet as investors dump stocks on fears of pandemic

- U.S. stock index futures tumbled on Monday as investors scurried to perceived safe-haven assets after a surge in coronavirus cases outside China stoked fears of a bigger impact to global economic growth.

Shares of interest rate-sensitive Bank of America Corp, Citigroup Inc, JPMorgan Chase & Co, Goldman Sachs, Wells Fargo & Co and Morgan Stanley lost between 2.1% and 3.7% in premarket trading. Chipmakers including Advanced Micro Devices Inc, Micron Technology Inc and Nvidia Corp, which are heavily reliant on China for revenue, slid between 6.3% and 7.2%.]

And the truth about the COVID19 infection comes to light.

Many people are saying coronavirus is another liberal hoax to hurt the market and trump QAnon2020 WWG1WGA

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Source: CNBC - 🏆 12. / 72 Read more »