The FTSE 100 Futures is trading at 5,512.00  up with +4.05% percent or +214.50 point. The CAC 40 Futures is trading at 4,134.50 up with +2.42% percent or +97.50 point. The DAX Futures is trading at 9,420.50  up with +4.74% percent or +426.20 point. The EURO Stoxx 50 Futures trading at 2,633.00  up with +5.49% percent or +137.00 point.

TODAY’S FACTORS AND EVENTS

The losses on the Footsie mounted throughout the session, after Trump said in the wee hours that the US would temporarily suspend most travel from the European Union as it looks to combat the spread of the coronavirus.

Those restrictions, which kick in on Friday, will last 30 days and will apply to most foreign nationals who have been in the 26 countries of the Schengen area in the 14 days before their arrival in the US.

YESTERDAY ACTIVITY

For the day the FTSE 100 closed at 5,237.48  with a loss of –10.87% percent or –639.04   point. France’s CAC  40 closed at 4,044.26 with a loss of –12.28% percent or –565.98  point.Germany’s DAX closed at 9,161.13 with a loss of -12.24% percent or –1,277.55  point.

WORLD MARKETS

For the day the Dow is trading at 21,200.62  with a loss of –9.99% percent or –2,352.60  point. The S&P 500 is trading at 2,480.64 with a loss of –9.51% percent or –260.74 point. The Nasdaq Composite is trading at 7,201.80 with a loss of –9.43% percent or –750.25  point.

In other parts of world, Japan’s Nikkei 225 is trading at 17,431.05  with a loss of –6.08% percent or –1,128.58  point. Hong Kong’s Hang Seng is trading at 24,079.53 with a loss of –0.94% percent or –229.54    point. China’s Shanghai  Composite is trading at 2,887.43 with a loss of –1.23% percent or –36.06  point. India’s BSE Sensex is trading at  34,223.99 with 4.41% percent or +1,445.85   point at 12:15 PM.