US stocks drop more than 4%, extending rout amid coronavirus fears

Australia News News

US stocks drop more than 4%, extending rout amid coronavirus fears
Australia Australia Latest News,Australia Australia Headlines

NEW YORK: Wall Street stocks tumbled again on Thursday (Feb 27) as further spread of the coronavirus exacerbated fears of a global slowdown and ...

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 66%

NEW YORK: Wall Street stocks tumbled again on Thursday as further spread of the coronavirus exacerbated fears of a global slowdown and raised the risk of a US recession.

The virus has now spread to 50 countries, with cases confirmed in the last day in the United States and Spain that appeared to be contracted locally. The Dow was a sea of red, with 3M the only gainer due to robust demand for face masks to guard against the virus.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ChannelNewsAsia /  🏆 6. in AU
 

Australia Australia Latest News, Australia Australia Headlines



Render Time: 2025-01-15 23:34:26