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U.S. Stock Futures Plunge 5% At The Open, Hit 'Limit Down'

Published 03/22/2020, 06:17 PM
Updated 03/22/2020, 06:21 PM
© Reuters.

Investing.com - U.S. stock futures plunged on Sunday, pointing to more mayhem when markets open on Monday.

-Dow futures plunge 900 points, or 5%
-S&P 500 futures tumble 5%
-Nasdaq futures sink 5%
-VIX jumps 11%

Latest comments

First thing to do: STOP the possibility of SHORT SELLING! for now and for ever. Make it impossible to sell something that you don't have in your possession on the financial markets. That is common sense no? Try to sell a house you don' town. Won't work. Try to sell a car you don't own. Won't work. Stop making selling stocks you don't own possible NOW!
dumptruck is going after obamas 8yrs of gains next hahaha. u guys vote for him in 2020, ok?
Are you refering to the President that called the corona virus a hoax?
After that shut down forever
lol
Lower breaker down to 1%, if we hit that mark, shutdown market for the day. Next day, if it hit 1% agian, shutdown for day. On the third day, 1%, shutdown for the week. Next 1%, shutdown for another week. week after that, 1%, shutdown for 1 week. After that, 1%, shutdown for month, until recover from virus. That's how it should be.
it will drop another 20% but it will take a month
Some people need cash right now. Terrible time to sell. But ****if i NEEDED to sell my stocks at this rate for cash and i couldnt because the markets were closed i would feel betrayed.
Fully agree with your idea. I do believe that markets open are hurting more the U.S. economy than if they were closed.When all this is done, the average american woukd have taken major losses on his savings and investing accounts and that is what will really cause the recession (because they will restrain spending considerably).In as much as the FED could not fix this problem by lowering rates (because this is a health problem), maintaning markets open is also not going to solve the problem (and will make it worse as I said before).
Will need to halt operations of this keeps going. Meanwhile still exist a discussion in congress with the package, no surprise, and the mad house running this show worst than Italy, sounds that people won't see a possible end of this.
Hate to tell you this, but the DOW should never have got to 20X earnings. This is a correction. If the market gets out of control, mathematics takes over.
I pray to God the market tanks to 30 year lows
@Buzzy...please stop drinking the Kool-Aid
Yeah stocks plunge so why dollar so strong..
because cash is king now
Dollar strong will make import from China cheaper. Good news to China
Those of you trying to blame President Trump need to remember that China started this. China hid it from the world for weeks while it spread. It’s China’s fascination with eating monkey brains and bat nuts that caused this because they have no self control or civility. Our President was the first in the world to restrict air travel as you all criticized him for it. He’s done everything as quickly as possible considering all the hate in Washington. All you haters should give it a rest for a bit. The adults are trying to solve problems. You can help by being quiet and getting out of the way.
Didn't American start HIV first?
Didn't American start HIV spread??
It came from monkeys in Africa. My guess is blood got transferred in a hunting incident.
People are bashing trump he cannot do anything about this virus only God can save us from this and use preventive msg. Only thing trump can do is reassurance that we will recover he is not God so pray is the only way out
well, he said that there was no threat to the US, that US was strong and would defeat the virus quickly. Obviously he was lying or he had no idea.
we want blood now get out the way boy
I pray to God it it limit down 20% tomorrow, I wish there wasn't a such thing as limit down, let it drop further.
Perhaps it us time for our DC representatives and senators to start doing some fn work. Just get it done... Pelosi, Schumer, McCarthy, and McConnell... and do it now. Stop with the politics and serve the nation for a change!
relax...every generation has it's "the world is ending!!" event..mine's was 9/11
nope 9/11 wasnt world ending....i lived it...
90% of the people reading this post probably lived it. the Afghanistan war is still partly going on because of it.
China is clean???
Chiang's number are off by orders of magnitude. less traffic than Italy still! economy still less than 40 percent
Hitler was not.
 enough lies. Just stop the hate for a few weeks while the adults try to solve these problems.
Great Recession is coming and only person to Blame is Trump!!!
Trump is not to blame!
no dumptruck donny is to blame. get the nicknames right
Trump didn't start the virus. Actually he and his team are doing as good a job as possible. I think the outbreak will continue longer than is being said. and for those that want to see the market crash, either have a ton of cashz or are plain stupid
Futures plunging while investors watch Trump make an a*s*s* of himself. He reminds me of the host of a telethon.....”OK, Mike, go to the tote board and give us an update —- how many US active coronavirus cases and how many US deaths?”
“Thanks for that update, Mike....US cases now exceed 32,000 and deaths at 400. Come on America. You can do better than that. I waited 4 weeks before doing anything about coronavirus. I’ll be sure the tote board goes up even more. It will be a beautiful tote board when I’m finished.”
no surprise..US leadership is non existent. just throwing *****at the wall to see what sticks
Trump is such a ....... Fill in the blank.
I don't think we are coming back from this. This market will hit zero in the next few weeks.
Keeps up it will hit zero. almost half way there in just 3 weeks.
Dont give in so easy
How do you spell "pointing" wrong?
Poinitng is one way to spell it wrong
LMAO
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