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Dow futures tumble 1,000 points as all-out oil price war adds to coronavirus stress

Breaking News EmailsGet breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings.SUBSCRIBEMarch 8, 2020, 11:26 PM UTCBy Yun Li, CNBCStock futures tumbled in overnight trading Sunday as investors continued to brace for the economic fallout from the spreading coronavirus, while a shocking all-out oil price war added to the anxiety.Futures on the Dow Jones Industrial Average plunged about 1,078 points, pointed to a more than 1,000-point loss at Monday’s open. The S&P 500 futures indicated a 4 percent drop at the open. The sharp declines in the futures market signaled more turbulence ahead after a roller-coaster week that saw the S&P 500 swing up or down more than 2.5 percent for four days straigh ...
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