US stock futures tumble as Trump's coronavirus response disappoints

US stock futures tumble as Trump's coronavirus response disappoints

The Edge Markets - World·2020-03-12 14:18

SINGAPORE/HONG KONG (March 12): US stock index futures cratered on Thursday, dropping near to their maximum down limit, after President Donald Trump failed to reassure markets with measures to limit the impact of the coronavirus pandemic.

Trump also announced a temporary ban on travel from Europe to curb the spread of the virus, which some analysts said spooked investors.

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