Dow futures were pointing to a sharp decline at Friday’s open after President Donald Trump threatened new tariffs on China over the coronavirus outbreak, which originated in the Chinese city of Wuhan late last year. The negative tone in the market on the first day of May comes after the Dow broke its three-month losing streak and finished April with its best monthly gain since January 1987. (CNBC)

Trump said, without offering any evidence, that he has a high degree of confidence that the coronavirus came from the Wuhan Institute of Virology. Globally, the virus has infected nearly 3.3 million people, with nearly one-third of those cases in the United States. Worldwide, 233,791 have died, including 63,019 in the United States. (CNBC)

* EU chief backs investigation into coronavirus origin and says China should be involved (CNBC)

On Friday’s…