Dow futures sink 350 points as US officials warn of coronavirus spread

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Dow futures sink 350 points as US officials warn of coronavirus spread
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Dow futures dropped late Wednesday after US health authorities said they've discovered a case of novel coronavirus in the country without knowing its origin. Other major US indexes also declined in after-hours trading.

New York Dow futures dropped 350 points late Wednesday after US health authorities said they've discovered a case of novel coronavirus in the country without knowing its origin.

Other major US indexes also declined in after-hours trading. S&P 500 and Nasdaq futures each fell 1.3%.The US Centers for Disease Control and Prevention said earlier that a resident of Solano County, California, tested positive for the virus without having"relevant travel history or exposure to another known patient." They warned that the case could indicate that the virus has begun moving through a community in the United States for the first time.

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