US stock market futures point to a selloff at open today,February 24, 2020
At 4;49 AM EST time all US stock market futures are down with significant losses.
S&P Futures: 3,249.50,-89.75(-2.69%)
Dow Futures: 28,225.00,-756.00(-2.61%)
Nasdaq Futures: 9,142.50,-315.50(-3.34%)
Russell 2000: 1,678.61,-17.46(-1.03%)
Stock market news today
“Stocks in Europe plunged on Monday as the continent faced its first major coronavirus outbreak, with Italian officials locking down 12 towns in the wake of more than 150 cases and at least four deaths.
The pan-European STOXX 600 index (^STOXX) was down by more than 3.3%, with stocks on Italy’s FTSE MIB Index (FTSEMIB.MI) sinking by more than 4.3%.
The FTSE 100 (^FTSE) was down by more than 3.3% in London. Germany’s DAX (^GDAXI) was down by 3.7%, while France’s CAC 40 (^FCHI) was down by almost 3.6%.
Around a dozen towns in Italy, the eurozone’s third-largest economy, have been put on lockdown as authorities in the northern Lombardy and Veneto regions race to contain the outbreak.”, Source: https://finance.yahoo.com/news/european-asian-markets-plunge-on-coronavirus-fears-as-italian-region-goes-on-lockdown-083226631.html
The recent coronavirus developments favor for now a risk-off mood for investing, trading stocks. Depending on the severity of news about the coronavirus outbreak, volatility will be present, and trading opportunities about stocks to buy, stocks to sell will also be presnt in the US stock market. Use risk management and money management always in investing, investing in stocks.