It's ugly out there

It's ugly out there

S&P 500 futures are down almost 3%, or 100 points.

A drop of that much will almost wipe out the 107-point gain year-to-date. It would take a 123-point decline to below 3214 to take out the 2020 intraday low. That low was placed on January 31 when the first round of coronavirus fears hit.