US stocks suffer heavy losses on flight to safety. CBOE Volatility Index is up 40% on Monday. S&P 500 Energy Index is down more than 4%. Wall Street’s main indexes started the day sharply lower on Monday as investors continue to assess the potential impact of the coronavirus outbreak on the global economy amid upsurge seen in confirmed cases outside of China. Reflecting the flight-to-safety, the CBOE Volatility Index, Wall Street’s fear gauge, is up 40% on the day. As of writing, the Dow Jones Industrial Average was down 2.7%, the S&P 500 was erasing 2.4% and the Nasdaq Composite, which lost as much as 3.5% following the opening bell, was losing 3%. Energy and tech shares feel the pressure Among the 11-major S&P 500 sectors, the risk-sensitive Technology Index is down 3.2% and the Energy Index is erasing 3.5% pressured by a more-than-4% drop in crude oil prices. Finally, the 10-year US Treasury bond yield is losing 7% to weigh on the Financials Index. Even the defensive Utilities and Real Estate indexes are in the negative territory in the early trade. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Ethereum Price Analysis: ETH/USD bullish pennant subject to a breakout FX Street 2 years US stocks suffer heavy losses on flight to safety. CBOE Volatility Index is up 40% on Monday. S&P 500 Energy Index is down more than 4%. Wall Street's main indexes started the day sharply lower on Monday as investors continue to assess the potential impact of the coronavirus outbreak on the global economy amid upsurge seen in confirmed cases outside of China. Reflecting the flight-to-safety, the CBOE Volatility Index, Wall Street's fear gauge, is up 40% on the day. As of writing, the Dow Jones Industrial Average was down 2.7%, the S&P 500 was erasing 2.4% and the Nasdaq Composite,… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.