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Stock impact report

Crude Sinks to Lowest in a Year as Coronavirus Panic Increases [Yahoo! Finance News]

CME Group Inc. - Class A (CME) 
Last cme group inc. - class a earnings: 4/29 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.cmegroup.com
) -- Oil tumbled to the lowest since early January 2019 on mounting fears of the coronavirus contagion wreaking havoc on economic growth. Futures fell 3.4% in New York on Thursday and are poised for the worst weekly loss since 2014 as the coronavirus spreads further outside of China, roiling financial markets. The sank as much as 10% since last Friday and pushed the index into a correction, while the Dow Jones Industrial Average fell to the lowest in almost five months. California’s governor said the state was monitoring 8,400 people for the virus on Thursday, adding to the alarm of a global pandemic. “We definitely saw some aggressive, panic-like selling,” said Rebecca Babin, a senior equity trader at CIBC Private Wealth Management. “There’s still some room for downside because emotions are running high with the virus. We need a positive catalyst to put the floor in otherwise the direction is just lower from here.” The U.S. benchmark crude has fallen about 23% this year as the virus Show less Read more
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