(Bloomberg) — Stocks and crude oil tumbled, and havens including the yen and Treasuries jumped, as fears deepened about the rising impact of the deadly coronavirus.With no sign of the disease’s containment, traders rushed out of risk assets. Contracts on the S&P 500 Index fell more than 1% before paring losses and Japan’s Topix slid. Futures on Chinese shares fell more than 5% and the offshore yuan hit its lowest level this year as the country extended its Lunar New Year holiday. Oil dropped over 2% in New York, while 10-year Treasury yields sank to the lowest since October. The moves come on a day with limited trading options in Asia, as markets are shut in locations including China, Hong Kong, South Korea and Australia, due to holidays.China announced an unspecified extension to the weeklong lunar new year holiday, amplifying the economic impact. Beijing also suspended the sales of package tours, hitting firms around the world that rely on Chinese travelers’ spending. The death toll from the virus has risen to at least 80, and confirmed cases in the U.S. rose to five on Sunday.“I’m starting to think cash is the right place to be for the next few weeks,” Stephen Innes, chief Asia market strategist at Axitrader, wrote in a note Monday. “Any economic shock to China’s colossal industrial and consumption engines will spread rapidly to other countries through the increased trade and financial linkages associated with globalization.”The virus news is coinciding with an earnings season in full swing. Apple, Facebook and Samsung are among those due to report this week. Investors will also have a Federal Reserve policy meeting and Mark Carney’s last monetary policy decision as the Bank of England‘s governor to monitor.Here are some events to watch out for this week:Tech giants Apple, Facebook, SAP, Samsung and South Korean chip maker SK Hynix announce earnings, as do industrial and energy behemoths International Paper, Boeing, Caterpillar, Lockheed Martin, GE, Unilever, United Technologies, Exxon Mobil, Shell and Chevron.The Senate impeachment trial of President Donald Trump continues in Washington Monday.Fed policy makers are expected to open 2020 the same way they closed 2019: by holding interest rates steady Wednesday.The BOE meeting is highly anticipated Thursday after a series of dovish comments raised speculation it could lower interest rates.The U.S. reports fourth-quarter economic growth Thursday.The U.K. is scheduled to leave the European Union Friday.These are the main moves in markets:StocksS&P 500 futures fell 0.9% as of 12:50 p.m. in Tokyo. The S&P 500 Index fell 0.9% Friday.Japan’s Topix sank 1.4%.FTSE China A50 futures slid about 5%.CurrenciesThe offshore yuan fell 0.5% to 6.9678 per dollar.The Japanese yen rose 0.2% to 109 per dollar.The euro was little changed at $1.1034.BondsThe yield on 10-year Treasuries fell four basis points to 1.6425%, on top of a five basis-point drop Friday.Japan’s 10-year yields fell about two basis points, to about -0.045%.CommoditiesWest Texas Intermediate crude declined 2.3% to $52.9 a barrel.Gold rose 0.5% to $1,579 an ounce.To contact the reporter on this story: Cormac Mullen in Tokyo at email@example.comTo contact the editors responsible for this story: Christopher Anstey at firstname.lastname@example.org, Ravil ShirodkarFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.