Stock-index futures pointed to a sharply lower start for Wall Street on Monday, joining in a global selloff tied to a jump in COVID-19 cases in Europe, a news report alleging major global banks continued doing business with customers suspected of wrongdoing, and the lack of progress toward another round of fiscal stimulus out of Washington.
What are major benchmarks doing?
Futures on the Dow Jones Industrial Average YM00, -2.36% fell 559 points, or 2%, to 27,043, while S&P 500 futures ES00, -1.96% dropped 59.20 points, or 1.8%, to 3,257. Nasdaq-100 futures NQ00, -1.66% declined 198.50 points, or 1.8%, to 10,728.50.
