Stocks Plunge And Government Bonds Hit Record Highs On Coronavirus Fears

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European and Asian markets plunged again today as government bonds hit record highs on fears about the economic impact of the coronavirus

... [+]: U.S. futures were set to open down sharply on Friday, capping off a roller-coaster week for markets spooked by the spread of coronavirus.

Shares across Asia slumped on Friday, with Japan’s Nikkei tumbling 3.3%, Hong Kong’s Hang Seng Index more than 2% and mainland China’s Shanghai Composite 1%. London’s FTSE 100 was down 2.3% on Friday morning, with cruise line Carnival among the biggest fallers, down 3.8%. Carnival faces a new crisis with one of its largest vessels, the Grand Princess, stranded in California after passengers reported flu-like symptoms.

 

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Smh... see I don't pay a lot into my 401k but I've lost $1300 in 2 weeks🙁

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