US Futures, World Shares Sink as Virus Crisis Deepens - News Summed Up

US Futures, World Shares Sink as Virus Crisis Deepens


BANGKOK — U.S. futures slipped more than 3% on Monday and share benchmarks in many world markets logged sharp losses as governments tightened restrictions to fight the coronavirus pandemic. Stocks fell in Paris, Frankfurt and London after a brutal session in Asia on Monday. Japan's Nikkei 225 index was the outlier, gaining 2.0% after the International Olympic Committee and Japanese officials indicated they are considering postponing the Tokyo Games, due to begin in July. India's Sensex plummeted 11.3% after a sharp drop on the open triggered a circuit breaker halt to trading. Singapore's benchmark plunged 7.8% after the city-state announced a sharp increase in confirmed infections and its first two deaths.


Source: International New York Times March 23, 2020 04:41 UTC



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