Awaiting US stock futures open at 6 pm after Wall Street's worst week since 2008

The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite all fell more than 10% last week, their biggest weekly declines since October 2008.They also entered correction territory, down more than 10% from all-time highs notched earlier in February.he number of cases continued to increase over the weekendThe Japanese yen rose 0.3% to 107.65 per U.S.

As of Sunday, more than 85,000 cases have been confirmed around the world along with more than 2,900 virus-related deaths. Australia, Thailand and the U.S. reported over the weekend their first coronavirus-related deaths. Rhode Island was the first U.S. state in the east coast to report a coronavirus case. The number of cases in England rose to 35 after 12 new cases were confirmed on Sunday. Cases in China also reported more than 500 new cases on Saturday.

"The outbreak of Covid-19 has certainly changed the near-term narrative," said Chetan Ahya, global head of economics at Morgan Stanley, in a note to clients Sunday. "It is an untimely shock, considering that the starting point of global growth was weak, and the recovery was very nascent."Wall Street got its first look over the weekend at the economic toll the virus has taken on China, the epicenter of the outbreak., a record low, from 50 in January.

Gap down

I hope you have tons of pics of traders on the floor looking worried. Got a feeling you’re gonna use a lot of them this week!

It’ll be ok right?

This will be interesting! I thought it was a quiet weekend No panic from what I saw, no really bad news. We will find out if investors see an opportunity after last week

The fed is on the way to rescue right?

Bring it.

Please let it go back up

6 AM? typo?

CNBC just can’t wait for the panic hype !

Falling knives!

Without a vaccine, no stability.

Unfortunately it will be ugly. All bad news over the weekend especially from Italy and Iran. China PMI was also way worse than expected.

It takes a virus for the economy to hit numbers as low as CNBC’S viewership

It takes a virus for the economy to hit numbers as low as CBS

Going to probably be up 300-500 points, Dow will open high and continue gains till 12pm then we’ll get news that more got infected with COVID then that will cause the Dow to drop and it’ll close down 2% again for the session.. you heard it here first!

Waiting for federalreserve 🤪🤡🤣

BUY BUY BUY

Monday will end up slightly positive.

Oh according to Trump its all a hoax!!!!

The Fed has to do something!!!!

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