S&P 500 Futures Crash 5% in 5 Minutes

by | Mar 22, 2020 | Economy, World News | 0 comments

Its that time of the week again when the US futures markets open for business, oh and then get shutdown 5 minutes later due to another crash.

CNBC reports:

U.S. stock futures opened sharply lower on Sunday night as Wall Street waits on Washington to agree to an economic stimulus and rescue plan to combat the giant economic blow from the coronavirus outbreak.

Dow Jones Industrial Average futures fell more than 900 points, or 5%, to hit their “limit down” level. S&P 500 and Nasdaq 100 futures were also down around 5%. Downside limits to futures contracts are implemented to ensure orderly market behavior. 

U.S. crude futures also slid by more than 4%, adding to last week’s massive losses. 

Futures could be highly volatile as headlines come out of a coronavirus task force news conference Sunday evening and as traders await news on a stimulus bill agreement (or lack of one).

We expect much more down side to come, if you think the last few days and weeks have been crazy, you haven’t seen anything yet. Hold on to your horses, the coming week is going to be hell of a ride!

We’ll keep you posted and remember, don’t take it to seriously, laugh a lot, love a lot and fear, not at all.

Peace, Love & Anarchy!

Ceribalius

Ceribalius

Ceribalius is a pseudonym used by one of our writers, he/she is a digtial nomad and dedicated fighter of freedom and liberty. If there is something that needs saying which no one else is, he/she is the one to do it.

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Ghislaine Maxwell Arrested by FBI

Reports have just come in that Ghislaine Maxwell, former lover of the now (maybe) deceased prolific paedophile, child abuser and political...

UK Begins to Reopen Its Newly Created Dystopian Society to The Public

I take no satisfaction in saying 'I told you so', but well, I told you so. What is happening around the World right now is exactly what I've...

Say Hello to The Next Possible Pandemic

It seems the World is desperate to find our next pandemic. This one comes straight out of, you guessed it, China. The BBC Reports[1]: A new...

First Large Scale Coronavirus Vaccine Trials Begin in Africa – Black Lives Matter?

While the World hits the streets to and social media to remind us all that 'Black Lives Matter' and that we should check our white privilege,...

Oregon County Issues Mandatory Face Mask Order, But Only For White People

Oregon County appears to have a confused idea to what racism actually is, well at least that's what their latest order[1] on Face Masks infers:...

Circus Science – Warnings that Cats & Dogs Could Spark Second Wave

Once again straight out of Circus Science Central, formerly known as the UK; we have a hilarious new warning about the dreaded Covid-19. The...

First Child Kidnapped by the State Due to COVID-19

This scenario has been on the cards for sometime, we first became aware of such a possibility when the WHO put out this statement: Well, now...

Gates Funded Hydroxychloroquine Studies are Designed to Kill People

I'm sure expecting a damning headline like this to be little more than an 'exaggeration of the facts' piece of click-bait. Unfortunatley it is...

North Korea Blows Up Diplomatic Office As Tensions With South Korea Escalate

Tensions between North Korea and South Korea have escalated over the denuclearization talks between Pyongyang and the Trump administration. The...

The Not So ‘Great Reset’

While once the dream of gold bugs, doom and gloomers and conspiracy theorists, this concept of a Global Reset is becoming a proposed reality...

Support Us

Featured Networks

LBRY

Brave

Support Us

Featured Networks

LBRY

Brave

Stay Connected and Subscribe

Join our mailing list to receive the latest news and research material direct to your email. You can opt out at any time.

Thank you for subscribing!

Pin It on Pinterest