U.S. Stocks Plunge as Coronavirus Crisis Spreads

Posted on AllSides February 24th, 2020
From The Left
stock market, coronavirus

As outbreaks spread outside China, spiking in Italy and South Korea, investors are growing increasingly concerned about a global economic slowdown.

Stocks on Wall Street plummeted on Monday, following sharp declines in global markets after spreading coronavirus outbreaks in Italy and in South Korea stoked concern among investors about the potential damage they might inflict on the global economy.

The S&P 500 dropped nearly 3 percent at the start of trading, after European markets recorded their worst day since 2016 and major benchmarks in Asia closed sharply lower. The Dow...

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https://www.nytimes.com/2020/02/24/business/stock-market-coronavirus.html

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