U.S. stock futures fall more than 1% as coronavirus fears spread

U.S. S&P500 e-mini futures fell more than 1% in Asian trade on Monday on mounting worries the new coronavirus outbreak could severely disrupt the Chinese economy, an engine of global growth.

China’s cabinet said it would extend the week-long Lunar New Year holiday by three days to Feb. 2 and Hong Kong banned residents of China’s Hubei province, where the new coronavirus outbreak was first reported, from entering the city.

https://www.marketscreener.com/news/U-S-stock-futures-fall-more-than-1-percent-as-coronavirus-fears-spread–29893878/