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  • Fri. Nov 22nd, 2024

Futures plunge on virus fears as California states emergency situation

Futures plunge on virus fears as California states emergency situation

( Reuters) – Coronavirus fears looked set to drive another high drop for U.S. stock exchange on Thursday after California stated an emergency, while airline companies shares were hammered by a market sales warning as the outbreak cripples travel need.

A trader works on the floor at the New York Stock Exchange (NYSE) in New York, U.S., March 4,2020 REUTERS/Brendan McDermid

The S&P 500 had actually ended 4%greater on Wednesday as Joe Biden’s near sweep at the Democratic presidential primaries sidetracked investors from the expanding spread of the pathogen in the United States.

But worries about economic growth returned to the leading edge as the U.S. death toll from the flu-like virus rose to 11 and

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