Thursday, 12 March 2020

Stock futures plunge after Trump announces suspension of U.S.-Europe travel

President Donald Trump delivers remarks to
the news media Wednesday at the White House.
Reuters
Dow futures plunge about 1,000 points following speech.

U.S. stock futures tumbled Thursday, on the heels of President Donald Trump’s address to the nation, and following another steep selloff on Wall Street that snapped a more-than-decade-long bull market for the Dow.

The president spoke live from the Oval Office at 9 p.m. Eastern, and detailed plans on how the government is addressing the spreading coronavirus outbreak, including economic stimulus plans. Most notably, Trump said travel between the U.S. and Europe will be suspended for 30 days, beginning Friday.




By Mike Murphy.
Full story at Market Watch.

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