# 3058
Overnight, with more reports of suspected human cases of swine flu popping up around the world, a number of financial markets headed south. Crof mentioned this last night in his last blog of the night.
Most of the losses were in the 1% to 2% range, so we aren’t talking a meltdown.
While there are other economic pressures at play here, it is hard to deny the psychological effect that pandemic worries can have on the markets.
Should the WHO raise the pandemic alert level, or issue travel warnings, the impact could become more substantial.
This morning, US stock futures are down in advance of the market open.
As this article rightfully points out, we don’t have a global pandemic yet. And we may not see one from this virus.
It simply has the potential. Right now, it is too soon to tell how this plays out.
This from the AP.
Apr 27, 6:40 AM EDT
Stock futures tumble on swine flu concerns
By MADLEN READ
AP Business Writer
NEW YORK (AP) -- Wall Street is headed for a lower open as worries about swine flu unsettled markets around the world.
The flu is not yet a global pandemic. The virus is suspected to be responsible for more than 100 deaths in Mexico, but the confirmed cases in the United States and Canada have been mild.
Still, investors are nervous that the flu could spread and thwart economic recovery, particularly in areas that rely on travel and tourism.
Ahead of the market's open Monday, Dow Jones industrial average futures are down 122, or 1.5 percent, at 7,934. Standard & Poor's 500 index futures are down 15.60, or 1.8 percent, at 850.90. Nasdaq 100 index futures down 23.00, or 1.7 percent, at 1,352.00.
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