New York/Hong Kong Global stocks are collapsing Monday as the novel coronavirus outbreak and an oil crash rattle investors.
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 1,000 points, or about 4.1%. Nasdaq Composite futures were down 4.3%. The sell-off carried over into Asia Pacific, where Australia's S&P/ASX 200 dropped more than 5% on Monday, putting the index on pace for its biggest plunge since November 2008.
So how happy are ya’ll about your 401ks... was it down 20%, 30%, 50%, 90%.... winning somuchwinning
This will all backfire on you fake news parasites...your just making the President stronger Remember how well impeachment went Thank you, your invaluable to the reelection efforts of President Trump
It’s all oil
It’s a shame the silver bullet to kill it isn’t pollution or climate change, virus would be screwed
Yeah. yeah. You irresponsible media types are making a mountain out of a mole hill. There have been less than 100 deaths in the USA, but you make it sound like there are over 10,000. Disgusting.
All for a cold.
Nothing to do about the virus this morning, as explained by investors it has to do with Russia and Saudi Arabia and OPEC disagreements.
Dems dancing in the street. Sad and disgusting demshateamerica
This disaster was created by demmokkrats spreading this disease and it will come to an end & our economy and stock market will be stronger than ever
thanks Obama
The big investors alreasy moved their shares to gold. Worry about people and not stock markets at this time, please. It’s about time the oil price dropped
Everybody turned to the chosen one and got the guidance: What you're seeing is not what's happening. Then 45% of the country understand the coronavirus doesn't exist, oil price is stable and the stock markets are at all time high.
cdc in america quickly put an end to coronavirus
No one believes Dr. Anthony Faucci. He is a Trump talking head!
Question is who benefits from these crashes? Money doesn't just disappear.
Great time to buy!
For no reason other than drama, drama , drama!
Thank you China for blowing up the world economy
U.S Corona virus
Democrats are happy to weaponize Coronavirus. They literally walk on dead babies to get and maintain POWER. 2020 Democrats are straight from the bowels of hell itself. Trump2020🇺🇸🇺🇸🇺🇸
Japan must cancel the Tokyo Olympic Games and host the Olympics in South Korea, a medical powerhouse.
We saw this coming 🚀
Seriously
Has Uma moved back in with Hillary? We would like to know.
Almost like the devil is calling-in on Trumps marker!
Time for Trump's Stock Plunge Protection team? Tell Trump that placing Kudlow-the-Cluck in front of the camera is not reassuring! Stocks are responding to the fact that the coronavirus is about to have it's way with America because we have an inept administration in Washington.
Isn't that obvious? people are dying because of coronavirus & surely It'll plummet the global economy as well 😔
🚨 MEDIA ALERT 🚨 So a lady released from quarantine in Texas said “We were tested 2x/day” 3500 passengers on Oakland bound ship x 2 test/day x 14 days Equals 98,000 test kits for just this ship! As of Friday only 75k test kits! GrandPrincess
Isnt it strange how you have 56 million 'followers' yet get under 500 likes LMAO! Do you really think bot accounts make you less of a joke and more relevant?
Media driven panic
MattEganCNN Russia has a much lower fiscal oil breakeven ($45-$48) than KSA (mid$80's); nevertheless a sharp decrease in oil price combined with long term run of price $40 will be detrimental to Russia and global economy. Our prediction for oil demand growth for 2020 shown below.
YEP & WILL CONTINUE 2 FALL!!!! THE ECONOMY IS NEXT!!!! that is all trump cares about anyway & both of these r gonna cost him the election in November!!!! thank God!!!!!
1d)Lockdowns,quarantines & panic may had held back production,but Humanity's daily needs do not go into self lockdown,quarantines or panic,or else when deprived of such needs,they will either go mental or starve.nCOV2019
1c)Main Street-functioning companies-STILL hv existing funds&markets to survive,so long as they produce products that meet Humankind's needs,jobs maintained,$ circulated. Those who don't,will be replaced by others in the competitive market share.nCOV2019
1b)For all the panic that Trillion$ had been wipe off the charts,may the fearmongers realize-MONEY DON'T DISAPPEAR INTO THIN AIR. It just went to another's pocket-either on safer investments or hidden under beds.nCOV2019
Good stuff. Time to buy in.
1)May ALL chill out. Wall Street is NOT Main Street. a)Wall Street r about investors seeking to earn a few bucks based upon their assessment of a company's Future,akin to gambling. Main Street concerns r to MEET Humanity's daily needs.nCOV2019
Global economy crash is upon us.
How the F do you know what is going to happen on Monday! How outrageous that you are fear mongering in order to push idiots to panic for no reason. CNNSUCKS
it's not even Monday yet
Oil down 20% and trading at the 2016 lows
Very cheap gas ⛽️
Good time to buy. Keep plummeting for a little while!!! My portfolio could use a little work anyway.
😳😳
Russia increased production as demand has dropped. Putin is in economic free fall
Lower gas prices? YES! The Trump Effect! U.S. consumers are likely to see lower prices at the gas pump 🇺🇸 Trump2020 🇺🇸
Crazy times
You mean as you demonrats fear monger 🙄
Tomorrow will be fun.
Dems will blame Trump
Who take responsibility for this situation?😫
hard too predict oil spills and viruses. pretty sure its stil Sunday chief
All Have Sinned and Fallen Short in the Eyes of the Lord...
CNN stokes hysteria to disrupt our great economy
Proof Why globalism and nationalized health care DO NOT work. Time for America to make our own medicine
You gotta love the people who don't know that it's Monday in other places that have market based economies therefore they have securities exchanges. These are the people that we argue logic with on Twitter.
The official TrumpDump is on. Oil will wipe out fracking in the USA and the unreal Donald Trump with it . stockcrash
.... GOOD TIME TO BUY... THINGS WILL RETURN AND GO UP.....
No need for this selloff...
Thanks joe
Good time to diversify ones stock portfolios.
buy, buy, buy
Treasury yields plunge amid oil price war.
Dow futures drop nearly 1200 points as oil price war adds to outbreak stress.
Saudi Arabia is flooding the market with oil .Analysts say the price could fall into low $30-per-barrel range.
Um, it’s still Sunday... how do you know what happens tomorrow?
“I ALONE CAN FIX IT!”
Carlsberg don't do viruses But if they did They would be the best viruses in the world.
How do you know this, when it's only SUNDAY?
The time is so perfect to invade China.
MattEganCNN Congrats to cnn viewers
Here is Ted Cruz
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