Stocks in Asia mostly shrug off concerns over coronavirus in early Wednesday trading

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Asian stock markets were largely unfazed early Wednesday by the rising global concerns over an outbreak of a coronavirus that can cause deadly pneumonia, despite investor worry over the impact the health emergency may have on travel and tourism ahead of the Lunar New Year that starts Saturday.

 

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Treasury yields and stocks spiral lower over virus fears and Hong Kong downgradeU.S. Treasury yields are on the slide in early Tuesday trade as fears around a rapidly spreading virus in Asia along with a credit rating downgrade to the region’s premier financial center push investors into haven assets. Translation: “Spiral lower” = Dow Futures down 56 points Nah they selling because it’s been pumping nonstop on fake positive news for a couple months now, meanwhile economic data shows this market is a house of cards Find me someone who sold treasurys because of virus fears. You just make this stuff up, don't you?
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