U.S. stock futures this morning were pointing to a drop in magnitude for the Dow to open in a correction.
of the U.S. response to the coronavirus. Trump, who CNBC sources said was livid about this week's outbreak-driven market plunge, blamed some of the recent selling on fears a Democrat could win the presidential election.
support from both Silicon Valley workers and those hurt by the tech-inflated housing crunch in California, one of the 16 Super Tuesday contests. Booking Holdings reported adjusted quarterly earnings of $23.30 per share, beating estimates. The operator of Priceline and other online travel services also saw revenue beat estimates, but issued lower-than-expected current quarter guidance as the coronavirus impacts travel demand.
Anheuser-Busch InBev said its current-quarter profit would decline by about 10 percent, with the beer brewer expecting the coronavirus outbreak to significantly hit demand for its products in China. Square came in 2 cents ahead of estimates with adjusted quarterly profit of 23 cents per share, as the mobile payments technology company saw its user base numbers surge compared to a year earlier.
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