The U.S. Dollar Index is trading at 99.63 up with +0.37% percent or +0.37 point.The Dow Futures is trading at 28,152.50 with a loss of -2.86% percent or -828.50 point. The S&P 500 Futures is trading at 3,249.38 with a loss of -2.69% percent or –89.87 point.The Nasdaq Futures is trading at 9,154.62 with a loss of -3.21% percent or –303.38 point.

TODAY’S FACTORS AND EVENTS

Asian currencies slid on Monday as the rapid spread of the coronavirus outside China drove fears of a pandemic and sent investors flocking to gold and the dollar for safety.

Italy, South Korea and Iran posted sharp rises in infections over the weekend. South Korea now has more than 760 cases, Italy more than 150 and Iran 43 cases.

The World Health Organization said it was worried about the growing number without any clear link to the epicenter of the outbreak in China.

PREVIOUS DAY ACTIVITY

For the day the Dow is trading at 28,992.41 with a loss of –0.78% percent or –227.57   point. The S&P 500 is trading at 3,337.75  with a loss of –1.05% percent or –35.48 point. The Nasdaq Composite is trading at 9,576.59 with a loss of –1.79% percent or –174.38 point.

WORLD MARKETS
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,678.61  with a loss of -1.03% percent or -17.46 point; the S&P 600 Small-Cap Index closed at 1,009.62  with a loss of –1.11% percent or –11.34  point; the S&P 400 Mid-Cap Index closed at 2,084.33 with –1.03% percent or −21.79 point; the S&P 100 Index closed at 1,493.89 with a loss of –1.15% percent or –17.38 point; the Russell 3000 Index closed at 1,957.64 with a loss of –1.06% percent or  –20.91 point; the Russell 1000 Index closed at 1,849.43 with a loss of –1.06% or –19.79 point