Global stocks tumble as oil crashes, compounding coronavirus fears

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Global stocks are falling and bond yields are sinking after Saudi Arabia shocked oil markets by launching a price war against onetime ally Russia.

Hong Kong/New York Global stocks are falling and bond yields are sinking after the implosion of a critical oil alliance caused crude prices to crash to historic lows.

S&P 500 futures plunged as much as 5% Sunday evening, triggering a limit that prevents futures from trading below that mark. Dow futures fell more than 1,200 points, or about 4.7%. Nasdaq Composite futures were down 4.8%.The sell-off carried over into Asia Pacific, where Australia's S&P/ASX 200 ended 7.3% lower on Monday, the index's biggest plunge since October 2008. Japan's Nikkei 225 sank 5.1% to its lowest close in more than a year. South Korea's Kospi fell 4.

 

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CNN and other main stream media’s gambit to spread fear and panic over the corona virus for political purposes is clearly working at present.

There's more than the economy at stake here. Will this pandemic take out the people that run the power plants; and those that make our water flow; the farmers; truck drivers... See how it's all really a social thing? Socialistic.

Now is the time Putin makes his move to finish us off

Give us a break😭

FORSE è OPPORTUNO BLOCCARE I MERCATI ALTRIMENTI MOLTI RISPARMI DEI CITTADINI ANDRANNO IN FUMO

Deep state tries to break the Economy 😏

Hey .cnn I think it is also a price war against the United States.

Trump's buddies in Saudi Arabia are screwing up the Stock Market. That should piss him off.

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