The FTSE 100 Futures is trading at 7,230.80 with a loss of -1.70% percent or -124.70 point. The CAC 40 Futures is trading at 5,898.20 with a loss of -2.69% percent or -163.30 point. The DAX Futures is trading at 13,274.50 with a loss of -2.14% percent or -290.20 point. The EURO Stoxx 50 Futures trading at 3,714.00 with a loss of -2.01% percent or -76.00 point.
TODAY’S FACTORS AND EVENTS
China’s National Health Commission reported overnight that total confirmed cases of the virus had hit 75,465 on the mainland, leading to a total of 2,236 deaths. Over 800 new cases were reported, with South Korea announcing 52 new cases, taking its total to 150.
The outbreak has already hit US companies exposed to China, such as Apple, while new data from the China Passenger Car Association revealed that automotive sales had plummeted 92% in the first two weeks of February.
For the day the FTSE 100 closed at 7,403.92 with a loss of –0.44% percent or –32.72 point. France’s CAC 40 closed at 6,029.72 with a loss of –0.54% percent or –32.58 point.Germany’s DAX closed at 13,579.33 with a loss of –0.62% percent or –84.67 point.
For the day the Dow is trading at 28,992.41 with a loss of –0.78% percent or –227.57 point. The S&P 500 is trading at 3,337.75 with a loss of –1.05% percent or –35.48 point. The Nasdaq Composite is trading at 9,576.59 with a loss of –1.79% percent or –174.38 point.
In other parts of world, Japan’s Nikkei 225 is trading at 23,386.74 with a loss of –0.39% percent or –92.41 point. Hong Kong’s Hang Seng is trading at 26,853.05 with a loss of –1.67% percent or –455.76 point. China’s Shanghai Composite is trading at 3,031.23 with a loss of –0.28%percent or-8.44 point. India’s BSE Sensex is trading at 40,783.77 with a loss of –0.94% percent or –386.35 point at 12:15 PM.