TOKYO - Global shares were set for a rocky ride on Thursday as investors tally the economic damage of coronavirus, a day after the US Dow Jones stock index entered bear market territory and world health officials declared the coronavirus a pandemic.
Japan's Nikkei index plunged 2 per cent shortly after trading began while Australia's S&P/ASX sank 2.7 per cent. South Korea's Kospi index was down 1.5 per cent. On Wednesday, the S&P 500 lost 4.89 per cent while the Dow Jones Industrial Average fell 5.86 per cent to extend its fall from a record peak hit a month ago to more than 20 per cent., entering what is known as a"bear market".
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:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bear market fears grip global shares as pandemic declared, eyes on TrumpGlobal shares were set for a rocky ride on Tuesday as investors tally the economic damage of coronavirus, a day after the U.S. Dow Jones ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Dow in bear market as global rout deepens on coronavirus fearsNEW YORK: Wall Street stocks suffered another bruising rout on Wednesday (Mar 11), with the Dow sinking into a bear market, as the economic toll ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Australia: Shares dip into bear market territory[BENGALURU] Australian stocks plunged into bear market territory on Tuesday, as rising economic risks from the fast-spreading coronavirus and a recent plunge in oil prices clouded the global economic outlook. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Wall Street tumbles, Dow confirms bear marketU.S. stock indexes tumbled on Wednesday as investors worried over the absence of immediate measures from President Donald Trump's administration ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Australia: Shares fall 3.6% on Wednesday, slide into bear market[SYDNEY] Australian stocks have entered a bear market after toying with the threshold earlier this week. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »