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Stock futures fall as oil plunges on demand drop

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The COVID-19 pandemic has sparked widespread unemployment, but these companies are still hiring. NEW YORK - U.S.

stock futures are trading lower as oil falls to 1999 levels. Investors also await additional coronavirus updates as more cities consider opening businesses in various phases as part of a broader plan to begin rebooting the U.S.

economy. RELATED: CoronavirusNOW.com, FOX launches national hub for COVID-19 news and updates The Dow Jones Industrial Average traded down nearly 400 points, while the S&P 500 was off 1.5 percent and the Nasdaq Composite was down 1 percent.

Oil remained under pressure, falling Monday over 27 percent to $13.16, after dropping 19.7 percent for the week. WTI touched an 18-year low of $17.31 on Friday before

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