Global Markets Fall Sharply Due To Coronavirus Fears - Hallo friendsTODAY'S NEWS AND ACCREDITED, In the article you read this time with the title Global Markets Fall Sharply Due To Coronavirus Fears, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article BANKING, Article CULTURE, Article ECONOMIC, Article HOTELS, Article POLITICAL, Article SOCIAL, Article SPORTS, Article TOURISTS, Article TRAVELING, We write this you can understand. Alright, good read.

Title : Global Markets Fall Sharply Due To Coronavirus Fears
link : Global Markets Fall Sharply Due To Coronavirus Fears

Global Markets Fall Sharply Due To Coronavirus Fears

CNBC: Dow drops 780 points as coronavirus cases outside of China surge

Stocks fell sharply on Monday as the number of coronavirus cases outside China surged, stoking fears of a prolonged global economic slowdown from the virus spreading.

The Dow Jones Industrial Average traded 782 points lower, or 2.7%. The S&P 500 slid 2.5% while the Nasdaq Composite traded 3% lower. At its low of the day, the Dow was down 997.04 points.

“The second-largest economy in the world is completely shut down. People aren’t totally pricing that in,” said Larry Benedict, CEO of The Opportunistic Trader, adding a 10% to 15% correction in stocks may be starting. He also said some parts of the market, particularly large-cap tech stocks, appear to be over-owned. “It seems like there’s much more to come.”

Monday’s drop put the Dow on pace for its biggest one-day point drop since August, when it lost 800 points.

Read more ....

Update #1: Global markets fall sharply as virus cases spread past Asia (AP)
Update #2: Dow plunges more than 800 points as pandemic fears rise (Reuters)

WNU Editor: No kidding .... China shutdowns to impact economy: White House economist (AFP).

Thus Article Global Markets Fall Sharply Due To Coronavirus Fears

That's an article Global Markets Fall Sharply Due To Coronavirus Fears This time, hopefully can give benefits to all of you. well, see you in posting other articles.

You are now reading the article Global Markets Fall Sharply Due To Coronavirus Fears with the link address https://todaysand.blogspot.com/2020/02/global-markets-fall-sharply-due-to.html

Tweet

Subscribe to receive free email updates: