The S&P 500 dropped nearly 3 percent at the start of trading, while the Dow Jones Industrial average fell by more than 900 points and Nasdaq futures decreased by more than 3 percent.
Public health advocates say if the president's budget proposal is approved as is, Americans' health and safety would be at risk.
The coronavirus outbreak has led to a stream of xenophobic, anti-Chinese sentiment around the world, including a hate crime in New York City.
House impeachment managers and the president's legal team will deliver closing arguments on Monday. Later, Iowa voters make their choices.
Republican Sen. Lamar Alexander announced Thursday he would not vote in favor of bringing forth witnesses to testify in the Senate Trump’s impeachment trial, effectively sealing an acquittal.
The U.S. Secretary of Commerce said the outbreak in China could help bring jobs back to North America—and three other things you need to know today, January 30.
Plus three other things you need to know today, January 28.