Stocks plunge as virus fears spook markets, hit tourism

 

U.S. equity futures tumbled ahead of the Monday trading session as China announced sharp increases in the number of people affected in an outbreak of a potentially deadly virus.

The major futures indexes are indicating a decline of at least 1.5 percent, with the Dow pointing to a drop of at least 400 points.

Oil is also under pressure with U.S. crude giving up 3 percent to $52.30 per barrel in electronic trading on the New York Mercantile Exchange.

Brent crude, the international standard, declined 3.4 percent to $58.60 per barrel.

The U.S. has five confirmed cases of the new virus from China, all among people who traveled to the city at the center of the outbreak, health officials said Sunday.

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Kobe Bryant killed in helicopter crash

TMZ Sports first reported the story, and ESPN followed with a report, citing an unnamed source.

Bryant and at least three other individuals were reportedly in Bryant’s private helicopter when it went down in Calabasas, a suburb of Los Angeles located in the hills west of the San Fernando Valley. Bryant reportedly has been long known for traveling frequently by helicopter to get around Southern California and avoid the traffic.

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BREAKING: Trump to unveil peace plan next week. Invites Netanyahu, Gantz to White House. Pence issues invitation while in Jerusalem. Palestinian leaders livid. High risk strategy. Here’s what we know so far.

(Jerusalem, Israel) — Stunning most Mideast analysts and pundits, President Trump says he will unveil his “Deal of the Century” peace plan next week. And he will also host a high profile, high stakes meeting with two senior Israeli leaders at the White House on Tuesday.

“It’s a great plan,” the President said aboard Air Force One, heading to Florida. “It’s a plan that really would work.”

Read more here: https://flashtrafficblog.allisrael.com/2020/01/24/breaking-trump-to-unveil-peace-plan-next-week-invites-netanyahu-gantz-to-white-house-pence-issues-invitation-while-in-jerusalem-palestinian-leaders-livid-high-risk-strategy-heres-what/

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