Stocks across the globe fell on Tuesday to their lowest since mid-December and the benchmark U.S. debt yield was near a record low on lingering concerns about the economic hit of the spread of the novel coronavirus.
The World Health Organization, however, has said the epidemic in China, where it began in December, peaked between Jan. 23 and Feb. 2 and has been declining since. The pan-European STOXX 600 index lost 1.76per cent and MSCI's gauge of stocks across the globe shed 1.28per cent. The dollar index fell 0.332per cent, with the euro up 0.19per cent to US$1.0873. The Japanese yen strengthened 0.59per cent versus the greenback at 110.09 per dollar.The coronavirus death toll climbed to seven in Italy on Monday and several European countries were dealing with their first infections, feeding worries about a pandemic.
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