Just after futures opened on Sunday night, S&P 500 e-minis fell 5% to hit their lower limit, oil prices dropped and Treasury bond futures rose sharply.
NEW YORK: Wall Street analysts and investment managers expect another rough week for U.S. markets due to coronavirus fears, with a wild open for futures on Sunday evening(Monday morning in Malaysia) as lawmakers battled over an economic aid package in Washington.
Stock-market futures fell sharply and Treasury-bond futures rose, signaling more "flight-to-safety" trades in the week ahead. Despite the historic plunge in share prices over the past few weeks, it is difficult to predict a bottom, Wall Street analysts and investment managers said.
