U.S. stock  lower in pre-market trading for,March 09.The Nasdaq Futures is trading at 8,093.12 with a loss of -4.82% percent or –410.13 point.The Dow Futures is trading at 24,533.00  with a loss of -4.87% percent or -1,256.00 point.The S&P 500 Futures is trading at 2,817.00 with a loss of -4.96% percent or –147.00 point.

In overnight trading in the Eastern Hemisphere,In other parts of world, Japan’s Nikkei 225 is trading at 19,698.76 with a loss of –5.07% percent or –1,050.99 point. Hong Kong’s Hang Seng is trading at 24,969.12 with a loss of –4.50% percent or –1,177.55 point. China’s Shanghai  Composite is trading at 2,943.29 with a loss of –3.01% percent or –91.22  point. India’s BSE Sensex is trading at 35,235.40 with a loss of –6.23% percent or –2,341.22  point at 12:15 PM.Germany’s DAX is trading at 10,761.69  with a loss of –6.76% percent or ?780.18 point. France’s CAC 40 is trading at 4,784.18 with a loss of –6.91% percent or –354.92 point. The Stoxx Europe 600 is trading at 344.03  with a loss of -6.21% percent or 22.77   point.

Monday’s Factors and Events

Already facing a supply-demand imbalance, the market is set to see significantly more crude oil in the short term. We also view the cuts to Europe as signaling Saudi Arabia’s intention to force Russia back to the negotiating table, with the aim of delivering a new production curb agreement,” said Mark Haefele, chief investment officer at UBS Global Wealth Management.

Italy, meanwhile, announced a sweeping quarantine for its northern regions.

The country’s FTSE MIB I945, -9.748% slumped nearly 9%.

Friday Activity

For the day The Nasdaq Composite is trading at 8,530.34  with a loss of –1.63% percent or –141.32  point.the Dow is trading at 25,864.78  with a loss of –0.98% percent or –256.50  point. The S&P 500 is trading at 2,972.37 with a loss of –1.71% percent or –51.57 point. 

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,449.22  with a loss of -2.00% percent or –29.60 point; the S&P 600 Small-Cap Index closed at 867.20  with a loss of -1.86% percent or -16.47 point; the S&P 400 Mid-Cap Index closed at 1,797.79  with a loss of –1.79% percent or -32.83 point; the S&P 100 Index closed at 1,335.46  with a loss of –1.52% percent or -20.64 point; the Russell 3000 Index closed at 1,735.01 with a loss of –1.78% percent or –31.36  point; the Russell 1000 Index closed at 1,641.98  with a loss of –1.76% or -29.42 point.