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US Futures, World Shares Sink As Virus Crisis Deepens

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A man with a protective mask in the rain looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Monday, March 23, 2020. Shares dropped in Hong Kong and South Korea early Monday. However, Japan's Nikkei 225 index held steady, gaining 0.8% on news the International Olympic Committee plans to discuss potentially changing the timing of the Tokyo Games, due to begin in July. (AP Photo/Eugene Hoshiko)

(AP) — U.S. futures are down more than 3% after shares fell in Europe and Asia as shutdowns aimed at containing the coronavirus pandemic expanded around the globe. Stocks fell in Paris, Frankfurt and London after a brutal session in Asia on Monday. Japan’s Nikkei 225 index was the outlier, gaining 2.0% after the International Olympic Committee and Japanese officials indicated they are considering postponing the Tokyo Games, due to begin in July. U.S. futures slipped after work on more stimulus for the U.S. economy hit snags in the U.S. Senate. Top-level negotiations between Congress and the White House continued after the Senate voted against advancing the nearly $2 trillion economic rescue package.

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