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Stock market live updates: Futures hit 'limit down,' ETFs point to massive losses at the open

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“Markets should continue to function through times like this,” SEC Chair Jay Clayton says. He adds that “health and safety is paramount.”

This is a live blog. Please check back for updates.Even as stocks tumbled into bear market territory at record pace last week, actual market functioning was efficient, Securities and Exchange Commission Chairman Jay Clayton told CNBC.

7:43 am: Harley-Davidson down more than 11% as RBC cuts to underperform based on coronavirus uncertaintyslid more than 11% in premarket trading after RBC downgraded the stock to an underperform rating based on the uncertainty surrounding the coronavirus outbreak. "Overall, we are cautious on motorcycle industry growth, as we believe there are real secular pressures.

 

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JoeSquawk Don’t worry folks there’s four million tests and drive through testing centers,

JoeSquawk

JoeSquawk All tariffs need to go NOW and all previously collected tariffs refunded!!!!!

JoeSquawk Hey Joe ! How is that Trump stock market now Down 12% since the election....ONE TERM !!

JoeSquawk You are NOT DOING ANYTHING!!!!!

JoeSquawk The deceitful plans of CCP (Communist Party of China) are playing well to their favor, obviously. good luck, world. If the CCP succeeds it's only because the desperation and greed of the world blinded the world to the CCP's deceitful and ungodly plans.

JoeSquawk More Folk Stories... USAF/Fedex..all over the world.. TO GET SWABS.

JoeSquawk Roflmao

JoeSquawk Yeah and if there is one thing I have learned in my life about FOR PROFIT companies is all that charity and free stuff they tend to give out. Nothing reassures me more during a global viral pandemic then when the US government is relying heavily on the private sector.....

JoeSquawk So medicines will get even MORE expensive. Well done Drug Lobby

JoeSquawk Everything is becoming reactive planning? We even don’t have swabs for testing Are you kidding me

JoeSquawk Why does CNBC always bring Navarro on the show? He doesn’t answer any questions, all you get is campaign rhetoric

Hopefully they will halt the markets for next few weeks with this fake hysteria, The WS white collar Taliban and their Russian programmed algos gone wild, while retiree investments are getting wiped out, I warned algos were national national security threat years ago..

The market should wash its hands and social distance if it doesn’t want to spread the virus.

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Plunging stock market futures hit 'limit down' — Here's what that meansContracts on the S&P 500 dropped 5%, reaching a 'limit down' band that made by the CME futures exchange to prevent further losses. I'm confused on the FUTURES limit down. Could you please explain that for the novice. Thank you.
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