U.S. stock futures sink, suggesting the worst isn't over for Wall Street

[Roland99]

https://www.marketwatch.com/story/us-stock-futures-sink-suggesting-the-worst-isnt-over-for-wall-street-2020-03-01?mod=home-page

U.S. stock market futures fell sharply late Sunday, suggesting further losses when trading begins Monday, following the worst week on Wall Street since 2008.

Dow Jones Industrial Average futures YM00, -0.65% initially fell more than 300 points, but stabilized and were last down around 250 points. S&P 500 futures ES00, -0.87% and Nasdaq Compoosite futures NQ00, -0.86% were down around 1%.

Asian market update
https://www.bloomberg.com/news/articles/2020-03-01/yuan-drops-with-aussie-on-virus-fear-economy-woes-markets-wrap

Another painful session for global markets began Monday with a slump in equities and a slide in sovereign bond yields, as investors reacted to a much deeper decline in China’s manufacturing than expected, and the continued spread of the coronavirus.

Japanese stocks opened 1.3% lower, and S&P 500 futures slumped over 1%, with a signal from the Federal Reserve Friday that it’s open to easing policy providing little comfort. Australian and New Zealand 10-year yields set new record lows and Treasury yields slid below 1.1%. Moves did ease somewhat in currencies in early trading and oil pared its losses, while South Korea’s won climbed on strong trade data.

[onenote]

1. Now the futures market is back in positive territory - 8:30 pm

It's going to be volatile for awhile.

[Roland99]

2. Yeah. Wavering back slightly negative now. Shanghai +3% !