Stock markets' plummet deepens amid spreading coronavirus outbreak

In New York, the Dow Jones industrial average was down 356.71 points at 27,604.09. The S&P 500 index was down 44.45 points at 3,181.44, while the Nasdaq composite was down 136.24 points at 9,085.04.The April crude contract was down 75 cents at US$50.68 per barrel and the April natural gas contract was up 1.5 cents at US$1.858 per mmBTU.

The April gold contract was down US$19.10 at US$1,657.50 an ounce and the March copper contract was up 0.20 of a cent at US$2.579 a pound.view larger image Traders Andrew Silverman, left, and Sal Suarino work on the floor of the New York Stock Exchange, Tuesday, Feb. 25, 2020. Stocks opened slightly higher on Wall Street as the market claws back some of the ground it lost in a dramatic sell-off a day earlier.

Men walk past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Tuesday, Feb. 25, 2020. Shares are mostly lower in Asia on Tuesday after Wall Street suffered its worst session in two years, with the Dow Jones Industrial Average slumping more than 1,000 points on fears that a viral outbreak that began in China will weaken the world economy.

And it should based on the sheer global incompetence - has they taken strong measures from the start it would not have spread so easily and the damage shorter, but this will now be 2-3 yrs or worse

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