Dow futures are signalling a roughly 600 point drop this morning
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| | | 3/05/2020 | |
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| Dow Futures Nosedive as U.S. COVID-19 Cases Flare | | By Lillian Currens | | It appears as if yesterday's Super Tuesday surge will be short-lived, with stock futures signaling significant drops this morning. Dow Jones Industrial Average (DJI) futures are eyeing a roughly 600 point tumble, paring a chunk of yesterday's massive quadruple-digit gains, while the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) aren't too far behind. This choppy market is thanks to even more coronavirus anxieties, with California declaring a state of emergency following it's first COVID-19 fatality, bringing the death toll in the U.S. to 11. Continue reading for more on today's market, including: - Why one analyst isn't concerned about Cronos' delayed quarterly report.
- Breaking down last week's S&P sell-off, and what it might mean for stocks, with Schaeffer's Senior Quantitative Analyst Rocky White.
- Plus, CIEN pops on earnings beat; Needham issues warning on GOOGL stock; and FireEye gets a bull note.
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