A screen showing the Dow Jones industrial average on the floor of the New York Stock Exchange in yesterday. Stocks around the world are broadly lower as investors react to news that the coronavirus is spreading to more countries. – EPA pic, February 25, 2020.
GLOBAL stocks were hammered yesterday and gold prices soared on safe-haven buying as fears mounted that the new coronavirus would derail economic growth. Equity bourses were a sea of red, including in Milan and Seoul – two countries outside of China that have suffered outbreaks of the virus in recent days.
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