Commuters arrive on Wall Street, Wednesday, Feb. 26, 2020, in New York. Investors are getting increasingly concerned about how long it will take for the world to bring the coronavirus outbreak under some sort of control.
The virus continues to spread and threatens to hurt industrial production, consumer spending, and travel. More cases are being reported in Europe and the Middle East. Health officials in the U.S. have been warning Americans to prepare for the virus. Utilities and real estate companies lagged the market in another sign that investors were shifting away from safe-play stocks.
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Global Stocks Stabilize After Deep Wall Street SelloffStocks were mixed while bond markets flagged continued fears among investors about the economic impact of the coronavirus outbreak after a sharp selloff a day earlier. Of course the market is a mirage, that tell us in reality we the people don't need it. The WSJ hangs on human rights and democracy all day, didn't have the courage to apologize after insulting Chinese citizens not relating the political system. Instead, it continued to make excuses by attacking Chinese politics to avoid apologizing. shamed!
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Some Wall Street analysts are bailing on key chip stocks because of the coronavirus threatNew for subscribers: Some Wall Street analysts are bailing on key chip stocks because of the coronavirus threat Check out CNBCPro and get your first 30 days free.
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