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S&P futures pointing to 3% crash as coronavirus spread om the US feared

Futures on the S&P 500 index of top US stocks is pointing to a drop of 3% at the open in Wall Street.

Cronavirus concerns are weighing heavily on the market mood. Benchmark ten-year treasuries have slipped below 0.70% at one points.

Gold climbs to fresh seven-year highs near $1,690

The intense flight-to-safety on Friday continues to ramp up the demand for traditional safe-havens such as US Treasury bonds and gold. With the number
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Breaking: Russia reportedly won't agree to additional output cuts, WTI drops below $44

Russia will only agree to extend the existing OPEC+ oil output cuts and won't back additional output cuts, Reuters reported on Friday, citing a high-l
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