The S&P 500 and the Dow Jones Industrial Average on Monday suffered their biggest one-day percentage losses in two years after a surge in coronavirus cases outside China fanned worries about the global economic impact of a potential pandemic.
Oil rose on Tuesday as investors snapped up bargains after crude benchmarks dropped almost 4% in the previous session, but fears that the spreading coronavirus could wreak far greater economic damage than initially thought capped gains.
The National Transportation Safety Board will hold a public hearing on Tuesday to establish the probable cause of a fatal March 2018 Tesla Autopilot crash in California and will issue a series of safety recommendations, two people briefed on the matter said on Monday.
Shake Shack Inc expects its delivery sales to be volatile throughout 2020 after its move last year to an exclusive partnership with third-party platform Grubhub Inc , it said on Monday.
Saudi Aramco is launching the biggest shale gas development outside of the United States to boost domestic gas supply and end the burning of oil at its power generation plants, Chief Executive Officer Amin Nasser told Reuters on Monday.
Mastercard Inc said on Monday its net revenue in the first quarter will take a hit of between 2% and 3% over its previous forecast if the coronavirus outbreak persists through the quarter.
U.S. government officials are still considering ways to further curb sales to China's Huawei Technologies [HWT.UL], despite President Donald Trump's tweets and comments last week in support of sales to China, according to people familiar with the matter.
| S&P » | 3,225.89 | -3.35% |
| Dow » | 27,960.80 | -3.56% |
| FTSE 100 » | 7,156.83 | -3.34% |
| Nikkei 225 » | 22,599.67 | -3.37% |
| US 10YR |
+1.401
|
+0.024 |
| DE 10YR |
-0.485
|
-0.004 |
| JP 10YR |
-0.090
|
-0.026 |
| USD / EUR » | 0.9206 | -0.05% |
| USD / GBP » | 0.7729 | -0.04% |
| USD / JPY » | 110.8200 | +0.10% |