Dow set to drop more than 300 points at the open as coronavirus cases outside China surge

As of 6:38 p.m. ET Sunday, Dow Jones Industrial Average futures were 323 points lower, pointing to an implied opening plunge of 316.41 points for the index on Monday.

Investors continue to watch developments surrounding the coronavirus outbreak where cases in South Korea and Italy have spiked in recent days.

Stock futures stateside pointed to sharp declines on Wall Street at the open on Monday as the number of coronavirus cases outside China surged.futures were 323 points lower, pointing to an implied opening plunge of 316.41 points for the index on Monday. S&P 500 and Nasdaq futures also pointed to declines at Monday's open.

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