Stock market reaction to coronavirus: airlines, hotels, cruise lines slip - Business Insider

Shares of airlines, hotels, and cruise lines all traded lower Monday as China's coronavirus spreads. Global stocks and oil also slipped as the virus continues to infect more people. Safe-haven gold rose.As China's coronavirus spreads, stocks tied to travel are taking a hit.

Shares of airlines, hotels, and cruise lines all traded sharply lower in early trading Monday as fears of a global outbreak of the mysterious virus mount. The virus, which originated in Wuhan, China, has so far. It has spread from China to multiple countries in Asia, the US, Canada, France, and Australia.

Some airlines have let customers cancel or change flights with no fee, the Wall Street Journal reported Monday. A number of companies have cancelled cruises that originate in China,

shukla_tarun Airlines and hotels will take a huge hit now

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

What to do when the next stock market crash happens - Business InsiderIf you pay too much attention to the little blips in the stock market, you could make drastic decisions that can lead to missing out on huge returns.
Source: BusinessInsider - 🏆 729. / 51 Read more »

10 stock picks to buy for huge 4Q earnings season gains: Goldman Sachs - Business InsiderGoldman Sachs crunched 35,000 earnings releases — and concluded these 10 stocks are your best bets for huge gains this season Would never trust these guys with my money.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Momentum Indicators Help Preserve Stock-Market RallyRecent actions by central banks around the world to stabilize growth and an initial U.S.-China trade accord are driving a steady markets advance that has been hard to bet against Good article. Thank you so much. I agree with you. Also, I think the US/UK trade deal will be a big one. Both leaders are aligned politically, highly motivated to make a deal soon. A good deal will turn down the any Brexit heat, and help Trump with EU and the election. KAG
Source: WSJ - 🏆 98. / 63 Read more »