Maris Ogg of Tower Bridge Advisors said there were still too many unknowns about the scale of the global outbreak and that"we're not going to know the answer for a while, probably at least two to four weeks."
"It's understandable that not only do you have something to worry about, which we haven't had for a while, but we're also due for a correction," Ms Ogg said. Other large companies, including Apple, Boeing, Microsoft and Procter & Gamble lost more than five per cent.
Portugal Últimas Notícias, Portugal Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Fund investors retreat from US stocks as coronavirus fears weighInvestors pulled nearly US$3.3 billion out of mutual funds and exchange-traded funds that hold U.S. stocks last week, snapping the longest streak ...
Consulte Mais informação »
US stocks open sharply lower on virus fears, Dow down 2.2%NEW YORK (AFP) - Wall Street stocks tumbled again early on Thursday (Feb 27), joining a sell-off in most global bourses on fears the coronavirus will grow into a significant international health crisis.. Read more at straitstimes.com.
Consulte Mais informação »
US: Stocks open sharply lower on virus fearsUS: Stocks open sharply lower on virus fears.
Consulte Mais informação »
US stocks drop more than 4%, extending rout amid coronavirus fearsNEW YORK: Wall Street stocks tumbled again on Thursday (Feb 27) as further spread of the coronavirus exacerbated fears of a global slowdown and ...
Consulte Mais informação »
US consumer spending could see one-two punch from stocks drop, coronavirusThe coronavirus outbreak has yet to spread meaningfully to U.S. shores, but fears of it alone have already eviscerated some US$2 trillion of ...
Consulte Mais informação »
Singapore stocks tumble tracking US rout on virus jitters; STI opens 0.9% lowerSingapore stocks tumble tracking US rout on virus jitters; STI opens 0.9% lower
Consulte Mais informação »