U.S. stock index futures tumbled on Wednesday, pointing to another volatile sess...
A trader works on the floor of the New York Stock Exchange shortly before the closing bell in New York, U.S., March 17, 2020. REUTERS/Lucas Jackson
S&P 500 futures EScv1 were down 92 points, or 3.69%, at their daily down trading limit, while the SPDR S&P 500 ETFs tumbled 5.6%. However, with the COVID-19 disease still spreading rapidly across the globe, investors are alarmed about the extent of the blow to consumer spending, businesses and supply chains, sending financial markets into a tailspin.
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