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Coronavirus live updates: Asia stocks set to tumble again, Royal Caribbean cancels 30 cruises

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Markets in Japan were set to tumble at the open again as Wall Street saw another plunge overnight on virus fears.

Cruise operator Royal Caribbean says it has cancelled 30 cruises in Southeast Asia due to the outbreak, Reuters reported. It has also modified several itineraries in the region.

The coronavirus outbreak that's shuttered commerce across China will likely become a global pandemic, a top U.S. health official said, adding that it's just a matter of time before the outbreak starts spreading in the U.S.8:00 am: Royal Caribbean cancels 30 cruises Cruise operator Royal Caribbean says it has cancelled 30 cruises in Southeast Asia due to the outbreak, Reuters reported. It has also modified several itineraries in the region and estimated the cancellations would lead to an impact of 90 cents per share in 2020, according to the report. The Nikkei 225 had closed down more than 3% on Tuesday.

dropped 879.44 points, or 3.1%, to 27,081.36 after being up more than 180 points at one point shortly after the open. Thefell 2.8% to 8,965.61. Monday's session was the market's worst in two years. The S&P 500 posted back-to-back declines of at least 3% for the first time since November 2008 during the financial crisis, according to Bespoke Investment Group.Human trials testing a potential vaccine for the COVID-19 coronavirus are, U.S. health officials announced Tuesday.

 

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