Asian markets fall as coronavirus concerns weigh on sentiment

Asian markets fall as coronavirus concerns weigh on sentimentSYDNEY (Reuters) – Stocks and oil fell while safe-haven gold rose on Monday as the death toll from a coronavirus outbreak surpassed the SARS epidemic, raising alarm bells about its severity.
FILE PHOTO: A men wearing a mask walk at the Shanghai Stock Exchange building at the Pudong financial district in Shanghai, China, as the country is hit by an outbreak of a new coronavirus, February 3, 2020. REUTERS/Aly SongAs many as 908 people have so far died in China’s central Hubei province as of Sunday with most of the new deaths in the provincial capital of Wuhan, the epicenter of the outbreak.
MSCI’s broadest index of Asia-Pacific shares outside Japan stumbled 0.7% to be on track for its second straight day of loss. Japan’s Nikkei fell 0.8% while South Korea’s KOSPI was off 1.4% and Australian shares eased 0.5%.
The losses extended from Wall Street on Friday where the Dow fell 0.9%, the S&P 500 declined 0.5% while the Nasdaq dr..

Wall Street futures fall as coronavirus toll rises, China plans return to work

Wall Street futures fall as coronavirus toll rises, China plans return to workFILE PHOTO: Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., February 6, 2020. REUTERS/Lucas JacksonNEW YORK (Reuters) – U.S. stock futures fell on Sunday after China’s death toll from the coronavirus outbreak exceeded the global total from the SARS epidemic and as authorities prepared for millions of people to return to work after an extended Lunar New Year break.
Investors, carefully monitoring the virus with concerns about the global economic impact, had pushed Wall Street lower on Friday.
China reported that the total number of coronavirus deaths on the mainland reached 908 as of the end of Sunday with 97 new deaths, compared with 89 on Saturday.
Futures snapshot at 7:00PM ET 00:00 GMT:
** S&P 500 e-minis EScv1 were down 13.25 points, or 0.4%, with 54,719 contracts changing hands.
** Nasdaq 100 e-minis NQcv1 were down 49 points, or 0.52%, in v..