FILE - In this Jan. 8, 2020, file photo a trader works on the floor at the New York Stock Exchange in New York. The U.S. stock market opens at 9:30 a.m. EST on Monday, Jan. 27.
China announced it was extending its week-long public holiday by an extra three days as a precaution against having the virus spread still further. By midnight Sunday, the National Health Commission said 80 people had died out of 2,744 cases that were confirmed. Apart from the direct impact on tourism and travel, “any economic shock to China’s colossal industrial and consumption engines will spread rapidly to other countries through the increased trade and financial linkages associated with globalization,” Stephen Innes of AxiCorp said in a commentary.
Investors have been shifting money into safe-play, high-dividend stocks and government bonds.The surge in bond-buying has sent yields lower.
So terrible..nightmare..
UH OH NUMBER NO
Stay calm. Dems will eat crow.
KimRHolmes2 human ingenuity can come together to help or hurt others, we need solutions for Coronavirus and future outbreaks- we're not getting there with thoughts and prayers either atheist
$ICCC immucell May benefit from CoronaVirus outbreak
More..MORE!!
Now, I am just a Software Engineer not a Financial Analyst, but this just goes to the old proverb-'Don't put all your eggs in one basket'. With China and the coronavirus outbreak, Business should be more diverse. Spread to other Countries to minimize risk!
A salient example of why no president can claim that he is the reason for the health of the stock market.
I just advised my husband last night, coronavirus will be hitting the market today. 🙈
Travel company stocks have that much influence non the stock market? Really?
they better get this virus under control 1930's will be back if not
The Trump administration has been warned about the threat of a pandemic since the beginning. This article is from 2017 and nothing has changed.
I’m sure trump will take credit
wretchardthecat Waiting for video smuggled out of China showing zombies on the loose.
Fun fact: the Dow has risen less (44.5%) to this point in trump's term than it did during the same period in Obama's term (59.3%). And Obama did it without a massive tax giveaway to the billionaires and mega-corporations.
This is what happens when a 3rd world country is given legitimacy. We must put a travel ban on those coming in from China for at least three weeks until this can be sorted out. China created a deadly communicable disease and then did nothing to stop its spread. We must protect.
Maybe trump can cure coronavirus like he has cancer and the market would go back up.
but the Russian orange turd said all is under control and we should trust China
Good thing we cut CDC funding instead of presidential golf trips.
The only way to get ahead of the growth rate is intervention. Harden the borders.
There goes Trump’s market claims.
Wall Street is not the economy!!! But it can still cause the collapse of it!!!
face mask sales? hand sanitizer sales? food sales where 50,000,000 people TRAPPED? Tumbles are RELATIVE nothin happens in vacuum Mkt Makers HALT shooting rockets, melting glaciers unleashing Dino-Killin Microbes? Davos jetters argue: holding 99% earth assets hostage $tsla $apo
2020 needs to chill tf out
WTF does a virus even have to do with stocks? People die, sure, but the people living will still buy shit they don't need. Investors can be idiots sometimes.
Brokers need cash
If the corona virus doesn’t stop how will I get the new iPhones coming out 2020 ?🙄
god we're just experiencing the entire 1920s all at once aren't we
Trump me...