MW: Dow’s worst day in a year follows talk of no rate cuts in 2024, oil-price spike
MARKETWATCH reports: April’s sudden selloff in stocks intensified on Thursday, as investors worried about the Federal ...
© Khunaspix Dreamstime.
MARKETWATCH reports:
Dow futures sink 900 points late Sunday as crude prices plunge more than 20%
US stock futures and crude oil prices plunged immediately after the start of electronic trading late Sunday, as fears of a global oil-price war combined with coronavirus fears to rattle traders.
Dow Jones Industrial Average futures YM00, -3.909% sank more than 900 points as S&P 500 futures ES00, -4.296% and Nasdaq Composite futures NQ00, -4.242% tumbled more than 4%.
West Texas Intermediate crude for April delivery CLJ20, -20.543% plummeted 22% to $32.01 on Sunday, while May Brent crude BRNK20, -20.919% the global crude benchmark, fell 22% to $35.22 a barrel.
– To read the full post, please click here.
– You may also want to read this.
Comment on this article