The FTSE 100 Futures is trading at 5,916.80 with a loss of -8.51% 9 percent or -550.40 point. The CAC 40 Futures is trading at 4,648.00 with a loss of -9.54% percent or -490.00 point. The DAX Futures is trading at 10,531.00 with a loss of -8.64% percent or -996.50 point. The EURO Stoxx 50 Futures trading at 2,914.00 with a loss of -9.84% percent or –318.00 point.
TODAY’S FACTORS AND EVENTS
“For risk appetite to return in earnest we need to see a downturn in infection rates. If the rest of the world is following the China script (perhaps too much to hope for) then the growth in cases might begin to slow next week,” said IG chief market anayst Chris Beauchamp.
“But it feels like we have a longer and harder road to travel in Europe and the US, with the latter a particular source of concern. And here is where the coronavirus has an impact on the presidential election.”
For the day the FTSE 100 closed at 6,462.55 with a loss of –3.62% percent or –242.88 point. France’s CAC 40 closed at 5,139.11 with a loss of –4.14% percent or –221.99 point.Germany’s DAX closed at 11,541.87 with a loss of –3.37% percent or –402.85 point.
For the day the Dow is trading at 25,864.78 with a loss of –0.98% percent or –256.50 point. The S&P 500 is trading at 2,972.37 with a loss of –1.71% percent or –51.57 point. The Nasdaq Composite is trading at 8,530.34 with a loss of –1.63% percent or –141.32 point.
In other parts of world, Japan’s Nikkei 225 is trading at 19,698.76 with a loss of –5.07% percent or –1,050.99 point. Hong Kong’s Hang Seng is trading at 24,969.12 with a loss of –4.50% percent or –1,177.55 point. China’s Shanghai Composite is trading at 2,943.29 with a loss of –3.01% percent or –91.22 point. India’s BSE Sensex is trading at 35,235.40 with a loss of –6.23% percent or –2,341.22 point at 12:15 PM.