Global Stocks Slide on Coronavirus Fears

  • 📰 WSJ
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Oil prices fall by the most in over four months as the coronavirus outbreak threatens to weaken economic growth in China, the world’s biggest energy consumer

Stocks and crude oil tumbled Monday on concerns about a dangerous viral outbreak in China, as the detection of infected patients in the U.S., Australia and France led to escalating concerns about its containment and potential economic impact.

Futures linked to the Dow Jones Industrial Average index dropped 1.5%. In Europe, the Stoxx Europe 600 retreated 2.1%, led by declines in the U.K. and France. The Chinese yuan slumped 0.8% against the dollar in offshore trading and the Australian dollar declined 0.7%.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Thank you for the tireless effort to harness this devilish outbreak coronavirus..

Yes we had a position in Oil until Friday when it gave a sell signal. See chart. Key: above the cloud 'in Buy' below 'in Sell' oilandgas oilprice fintwit Commodities

Dubious nexus, at best.

loyalty_marines Wuhan must be isolated

Wuhan Virus culprits Bats-Snakes expose larger world problems WuhanVirus

Don't worry, Suffolk petrol prices won't so much as flutter, for months.

What's happening with the new year

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:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The global spread of the coronavirus: Where is it?The 2019 Novel Coronavirus which is similar to the SARS pathogen has claimed 56 lives since emerging in a market in the central Chinese city of Wuhan, and spread around the world.
Source: trtworld - 🏆 101. / 63 Read more »

'A true black swan' — stocks and oil slump as Wuhan coronavirus hammers markets - Business InsiderThe deadly virus has infected more than 2,700 people, killed 80, and spread to at least a dozen countries.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Credit Suisse sees these stocks winning from the aging trend and a coming retirement waveAs the number of people set to retire rises, Credit Suisse has identified a number of stocks, like MetLife, likely to benefit from an aging population.
Source: CNBC - 🏆 12. / 72 Read more »