Stock market live updates: Futures point to 500-point loss, airline stocks fall

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After posting its second largest daily point gain in history, the Dow was set to drop on Thursday.

This is a live blog. Check back for updates.The recent bout of market volatility looks set to continue with U.S. stock futures pointing to losses across the board at the open, in a sharp reversal from Wednesday's stock surge. The Dow Jones Industrial Average is indicating a more than 500-point drop at the open, or a decline of just over 2%. The S&P 500 and Nasdaq are also set to open down more than 2%.

On Wednesday markets surged higher. The Dow gained 1,173 points for its second largest point gain in history, and its second more than 1,000-point gain in three sessions. The Dow's Monday gain of 1,294 is the largest on record. Former Vice President Joe Biden's strong Super Tuesday showing helped push stocks higher, since many on the Street regard Biden's policies as more market friendly than those of senators Bernie Sanders and Elizabeth Warren.

 

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US and Europe markets seeing some buyers coming in - early NY trading. Dow futures -480 points. Eurostoxx -1.6%. coronavirus

Well, what did you expect?

But what about Biden?

Just another reason to buy!

1500 LOST!!!!!!!

UK moving to level two containment. Involves no large gatherings and possible closure of educational establishments... If the schools are closed who looks after the kids, businesses will suffer...

Up and down the Dow Jones goes where it stops nobody knows!

Friday down 3% Monday up 4% Tuesday down 3% Wednesday up 3% Thursday down 3%....Don't adjust your sets, there is NO Market Manipulation going on here...NONE

Oh dear, let's all panic eh? Never mind the human crisis we need to get aviation back to normal or my interests will suffer..

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