Good Morning America, All Heck Broke Loose in the Markets Overnight

by Wolf Richter
Wolf Street

Crude Oil Collapses 32%, US Stock Futures Plunge nearly 5%, 10-year Treasury Yield Gets Closer to 0%, Gold Jumps to $1,700, Asian Stocks Plunge, Nikkei -6%.

WTI crude oil futures collapsed by 32.3% on Sunday evening, to $27.96 a barrel at the moment, the lowest since the darkest oil-bust days of February 2016:

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