{"id":71823,"date":"2020-09-21T15:18:18","date_gmt":"2020-09-21T12:18:18","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/dow-futures-drop-over-500-points-to-join-in-global-equity-selloff\/"},"modified":"2020-09-21T15:18:18","modified_gmt":"2020-09-21T12:18:18","slug":"dow-futures-drop-over-500-points-to-join-in-global-equity-selloff","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/dow-futures-drop-over-500-points-to-join-in-global-equity-selloff\/","title":{"rendered":"#\n  Dow futures drop over 500 points to join in global equity selloff"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a4cf65acd31b\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a4cf65acd31b\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/dow-futures-drop-over-500-points-to-join-in-global-equity-selloff\/#Battle_over_Supreme_Court_nomination_looms\" >Battle over Supreme Court nomination looms<\/a><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><ul class='ez-toc-list-level-6' ><li class='ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/dow-futures-drop-over-500-points-to-join-in-global-equity-selloff\/#What_are_major_benchmarks_doing\" >What are major benchmarks doing?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/dow-futures-drop-over-500-points-to-join-in-global-equity-selloff\/#Whats_driving_the_market\" >What\u2019s driving the market?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/dow-futures-drop-over-500-points-to-join-in-global-equity-selloff\/#Which_companies_are_in_focus\" >Which companies are in focus?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-6'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/buradabiliyorum.com\/en\/dow-futures-drop-over-500-points-to-join-in-global-equity-selloff\/#What_are_other_markets_doing\" >What are other markets doing?<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/buradabiliyorum.com\/en\/dow-futures-drop-over-500-points-to-join-in-global-equity-selloff\/#William_Watts\" >William Watts<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#<br \/>\n  Dow futures drop over 500 points to join in global equity selloff<br \/>\n<\/strong>&#8221;<\/p>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">watch Movies<\/a> or TV series visit the <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/dizi.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Dizi.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\"><span class=\"ez-toc-section\" id=\"Battle_over_Supreme_Court_nomination_looms\"><\/span>\n  Battle over Supreme Court nomination looms<br \/>\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\">\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"D8B33386-FB9A-11EA-B87E-AE7684722852\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\">\n<div class=\"barrons-main-article-ad-target sticky_target body_ad\" aria-hidden=\"true\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>       Stock-index futures pointed to a sharply lower start for Wall Street on Monday, joining in a global selloff tied to a jump in COVID-19 cases in Europe, a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> report alleging major global banks continued doing business with customers suspected of wrongdoing, and the lack of progress toward another round of fiscal stimulus out of Washington.<\/p>\n<h6><span class=\"ez-toc-section\" id=\"What_are_major_benchmarks_doing\"><\/span>What are major benchmarks doing?<span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p> Futures on the Dow Jones Industrial Average<br \/>\n        YM00,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210407078\/delayed\" class=\"negative\">-2.07%<\/bg-quote><br \/>\n      \u00a0fell 559 points, or 2%, to 27,043, while S&amp;P 500 futures<br \/>\n        ES00,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/209948968\/delayed\" class=\"negative\">-1.72%<\/bg-quote><br \/>\n      \u00a0dropped 59.20 points, or 1.8%, to 3,257. Nasdaq-100 futures<br \/>\n        NQ00,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210219788\/delayed\" class=\"negative\">-1.59%<\/bg-quote><br \/>\n      \u00a0declined 198.50 points, or 1.8%, to 10,728.50.<\/p>\n<div class=\"paywall\">\n       Major U.S. benchmarks have suffered three consecutive weekly losses. The Dow<br \/>\n        DJIA,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210598065\/realtime\" class=\"negative\">-0.87%<\/bg-quote><br \/>\n      \u00a0fell 244.56 points Friday, or 0.9%, to end at 27,657.42, dragging the blue-chip gauge to a 0.03% weekly decline. The S&amp;P 500<br \/>\n        SPX,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210599714\/realtime\" class=\"negative\">-1.11%<\/bg-quote><br \/>\n      \u00a0and the tech-heavy Nasdaq Composite<br \/>\n        COMP,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210598365\/realtime\" class=\"negative\">-1.07%<\/bg-quote><br \/>\n      \u00a0both booked weekly losses of 0.6%.<\/p>\n<p>The small-cap Russell Index<br \/>\n        RUT,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210598147\/delayed\" class=\"negative\">-0.37%<\/bg-quote><br \/>\n      \u00a0found favor, however, logging a 2.6% rally last week.<\/p>\n<h6><span class=\"ez-toc-section\" id=\"Whats_driving_the_market\"><\/span>What\u2019s driving the market?<span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p>Futures saw losses intensify as European equities tumbled, a move that came as a rising number of COVID-19 cases across several countries sparked fears of renewed restrictions on activity. European banks fell sharply after <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.buzzfeednews.com\/article\/jasonleopold\/fincen-files-financial-scandal-criminal-networks\" class=\"icon none\">BuzzFeed News and other outlets published articles<\/a> alleging that the world\u2019s most powerful banks continued doing business with customers they suspected of engaging in money laundering and other illicit activities.<\/p>\n<p>Investors are also weighing the potential market implications of the death of Supreme Court Associate Justice Ruth Bader Ginsburg, which <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>eared set to spark an intense battle over the nomination of her successor, complicating an already bitter presidential election race and further clouding prospects for an agreement on a new round of fiscal stimulus to shore up a U.S. economy. <\/p>\n<p>President Donald Trump on Saturday said he would announce a nominee soon, while Democrats contend the winner of the Nov. 3 election should choose the nominee after the Republican-led Senate in 2016 used that rationale to block a nomination by Barack Obama following the death of Associate Justice Antonin Scalia.<\/p>\n<p><strong>Read:<\/strong>Biden to senators: Extinguish the \u2018flames\u2019 engulfing U.S. politics by not \u2018jamming\u2019 through a Supreme Court justice<\/p>\n<p>\u201cBoth sides of the political spectrum were energized by the president\u2019s actions only complicating the already volatile U.S. election landscape. Indeed with economic data stalling the story in the markets could turn to geopolitical risk which by its very nature suggests far more volatile price action in week\u2019s ahead,\u201d said Boris Schlossberg, managing director of FX strategy at BK Asset Management, in a note.<\/p>\n<p>Tech-related stocks, which had led the market\u2019s rally back from the March pandemic lows, have flagged in recent weeks, leading the market back down from all-time highs.<\/p>\n<div id=\"cx-membership-tile\"><\/div>\n<h6><span class=\"ez-toc-section\" id=\"Which_companies_are_in_focus\"><\/span>Which companies are in focus?<span class=\"ez-toc-section-end\"><\/span><\/h6>\n<ul class=\"articleList\">\n<li>\n      Shares of electric truck maker <strong>Nikola Corp.<\/strong><br \/>\n        NKLA,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/208704275\/composite\" class=\"positive\">+1.06%<\/bg-quote><br \/>\n      \u00a0dropped nearly 30% in premarket trade after founder Trevor Milton resigned as executive chairman following allegations by a short seller the company had misled investors about its <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a>.<\/p>\n<\/li>\n<li>\n      <strong>Oracle Corp<\/strong>.<br \/>\n        ORCL,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/202180826\/composite\" class=\"negative\">-0.71%<\/bg-quote><br \/>\n      \u00a0shares were up 4% in premarket action after Trump on Saturday said he had given his \u201cblessing\u201d to a proposed deal that would see the company and <strong>Walmart Inc.<\/strong><br \/>\n        WMT,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/207374728\/composite\" class=\"negative\">-1.02%<\/bg-quote><br \/>\n      \u00a0take over U.S. operations of Chinese-owned app TikTok. Walmart shares were up more than 1%.<\/p>\n<\/li>\n<\/ul>\n<h6><span class=\"ez-toc-section\" id=\"What_are_other_markets_doing\"><\/span>What are other markets doing?<span class=\"ez-toc-section-end\"><\/span><\/h6>\n<p>The yield on the 10-year Treasury note<br \/>\n        TMUBMUSD10Y,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.000%\" channel=\"\" class=\"\">0.658%<\/bg-quote><br \/>\n      \u00a0fell 2.8 basis points to 0.66%. Bond prices move inversely to yields.<\/p>\n<p>The ICE U.S. Dollar Index<br \/>\n        DXY,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210598269\/delayed\" class=\"positive\">+0.38%<\/bg-quote><span>,<\/span><br \/>\n       which tracks the performance of the greenback against its major rivals, was up 0.4%.<\/p>\n<p>Gold futures<br \/>\n        GCZ20,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210039572\/delayed\" class=\"negative\">-1.32%<\/bg-quote><br \/>\n       were down 1.3% at $1,937.30 an ounce. The U.S. crude oil benchmark<br \/>\n        CL.1,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/211629951\/delayed\" class=\"negative\">-2.45%<\/bg-quote><br \/>\n      \u00a0fell 2.1% to $40.24 a barrel<\/p>\n<p>The Stoxx Europe 600 Index<br \/>\n        SXXP,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210599654\/delayed\" class=\"negative\">-2.72%<\/bg-quote><br \/>\n      \u00a0dropped 2.7%, while the U.K.\u2019s benchmark FTSE<br \/>\n        UKX,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/200549425\/delayed\" class=\"negative\">-3.64%<\/bg-quote><br \/>\n       was down 3.3%. In Asia, Hong Kong\u2019s Hang Seng Index<br \/>\n        HSI,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210598030\/delayed\" class=\"negative\">-2.06%<\/bg-quote><br \/>\n       fell 2.1% and the Shanghai Composite Index<br \/>\n        SHCOMP,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210598127\/delayed\" class=\"negative\">-0.63%<\/bg-quote><br \/>\n      \u00a0fell 0.6%, while Japan\u2019s Nikkei<br \/>\n        NIK,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210597971\/delayed\" class=\"positive\">+0.17%<\/bg-quote><br \/>\n       was closed for a public holiday.<\/p>\n<div data-layout=\"\n              inline\" data-layout-mobile=\"\" class=\"\n        media-object\n        type-InsetCommentingPromo\n            \n            inline\n  article__inset\n        article__inset--type-InsetCommentingPromo\n            article__inset--inline\n  \"><\/p><\/div>\n<\/p><\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"byline article__byline\">\n<p>      <span>By<\/span><\/p>\n<div class=\"author  hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"William Watts\",\"subhead\":\"The Wall Street Journal\",\"list\":[]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"William_Watts\"><\/span>William Watts<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/p><\/div>\n<\/div>\n<blockquote>\n<p style=\"text-align: center;\"><strong>if you want to watch Movies or Tv Shows go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/dizi.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Dizi.BuradaBiliyorum.Com<\/a> <\/span> for forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener noreferrer\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"http:\/\/www.marketwatch.com\/news\/story.asp?guid=%7BD8B33386-FB9A-11EA-B87E-AE7684722852%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener noreferrer\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Dow futures drop over 500 points to join in global equity selloff &#8221; If you want to watch Movies or TV series visit the Dizi.BuradaBiliyorum.Com Battle over Supreme Court nomination looms Stock-index futures pointed to a sharply lower start for Wall Street on Monday, joining in a global selloff tied to a jump in&#8230;<\/p>\n","protected":false},"author":1,"featured_media":71824,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-71823","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/71823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=71823"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/71823\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/71824"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=71823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=71823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=71823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}