Dow futures drop as coronavirus fears continue

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Dow futures drop as coronavirus fears continue
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Stock futures have plummeted — a sign that the markets may be in for another rough week as fears about the novel coronavirus outbreak continue to mount.

New York Stock futures plummeted Sunday night — a sign that the markets may be in for another rough week as fears about the novel coronavirus outbreak continue to mount.

Dow futures dropped more than 500 points Sunday night, or about 2%. Within minutes, the drop eased up slightly and futures were down 260 points.S&P 500 and Nasdaq futures were down around 1%.Sunday's drop comes after the Dow had already closed down 357 points on Friday — its seventh-consecutive day in the red. Markets in Asia Pacific were also lower during Monday trading hours in the region. Australia's S&P/ASX 200 fell nearly 3%. Japan's Nikkei 225 was down nearly 1.2%.

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