Stocks started the day higher as it appeared markets were shrugging off the coronavirus news, but took a turn for the worse after a second case was confirmed on US soil in Illinois. The first case was confirmed on Tuesday in Washington state. Both patients had traveled to the central Chinese city of Wuhan, where the virus outbreak originated.
Multiple cities in Wuhan's Hubei province are facing travel restrictions ahead of this weekend's Lunar New Year celebrations. Investors are now beginning to worry about the outbreak's impact on the Chinese economy, which is widely considered the growth engine of the global economy. The Dow closed down 0.6%, or 170 points, logging its worst day since the start of the month. The index benefited from an afternoon turnaround of Boeing's stock, which finished up 1.7%, after the Federal Aviation Administration said Boeing's struggling 737 Max jet could regain regulatory approval before the summer.The broader S&P 500 and the tech-heavy Nasdaq Composite both ended 0.9% lower.
world economic depression in the opting? all of Asia will infected by wuhan coronavirus except the Philippines & Japan which is an island state. ban all chinese from coming-in to 'Pinas. virus infected 3 million illegal chinese nationals(70 years).outright deportation.