Here’s what we are watching as markets kick into gear Monday.Futures tied to the S&P 500 dropped 1.7%, as a fast-spreading strain of coronavirus emerging from England prompted
, dealing another blow to prospects for the global economic recovery. Futures linked to the technology heavy Nasdaq-100 index fell 1.1%.Shares in the electric vehicle maker dipped 4.1% premarket. Financial data provider FactSet publishes quarterly earnings today, as does industrial machinery maker Enerpac Tool Group . In Washington, Congress will look to move forward on legislation for a— Shares in travel companies dipped premarket amid fears of further travel restrictions. Delta Air Lines fell 4.6%, Southwest and United fell more than 4%, and Royal Caribbean shed 5.8%. Boeing was off nearly 5%.
on fears travel restrictions could curb demand. Occidental Petroleum fell almost 9%. Natural gas company ONEOK fell 4.7%.— Zoom Video Communications , which has benefited from stay-at-home orders, jumped 4.6% premarket.when it updated investors after the market close on Friday.