The sharp drop in stock futures points to another volatile week for Wall Street as coronavirus continues to take a toll on public health and the economy in the US and elsewhere.
New York Dow futures fell 5%, hitting the"limit down" maximum allowable limit and halting futures from falling further within minutes after futures trading began Sunday.
Dow futures dropped 954 points. S&P 500 and Nasdaq futures also fell around 5%. The sharp drop in stock futures points to another volatile week for Wall Street as coronavirus continues to take a toll on public health and the economy in the United States and elsewhere. The decline came shortly before a key procedural Senate vote on a massive stimulus package to help Americans handle the crisis failed Sunday evening, pushing out the timeline for relief.
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