Stock market live updates: Dow futures down 750

Finance

Traders work on the floor of the New York Stock Exchange.

Brendan McDermid | Reuters

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6:27 am: Many stocks dropping on coronavirus fears

6:22 am: Dow futures tank by more than 800 points on coronavirus fears

U.S. stock futures are falling sharply on Monday morning as investors dump riskier assets amid a spike in coronavirus cases outside of China. Dow Jones Industrial Average futures were down more than 800 points. S&P 500 and Nasdaq 100 futures were down by 2.7% and 3.2%, respectively. South Korea raised on Sunday its coronavirus alert to the “highest level,” with the latest spike in numbers bringing the total infected to more than 750 — making it the country with the most cases outside mainland China. Italy has also reported three deaths related to the coronavirus and more than 100 cases. —Imbert

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