The mass sell-offs are a sharp contrast to the beginning of February, when the Dow reached all-time highs as investors shrugged off the threat of an outbreak.Panic on Wall Street has been fuelled by warnings from major companies that profits could take a hit as countries around the world try to contain COVID-19, the disease caused by the coronavirus.
The number of new infections being reported around the world now surpass those in China - shattering hopes that the epidemic would be short-lived and economic activity would return to normal.Apple and Microsoft, two of the world's largest businesses, are among those who have said their sales this quarter will be affected.
A toxic cocktail of factory shutdowns in China, lockdowns and travel restrictions is to blame - with airlines, hotels and cruise ship companies among those suffering the steepest falls in their share prices.
hell of a long con by china
I've never seen it fall that much in one day
Wow
TrumpLegacy
Oh dear.
Coronavirus (COVAD-19) Prevention & Treatment from Centers for Disease Control and Prevention
Someone’s making huge money off of this none thing
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Keep offices and schools open despite coronavirus fears, ministers urgeEmployers are being told not to close offices and schools asked to stay open as the Government attempts to stem rising panic over the ongoing spread of coronavirus. Send all ministers to China for two weeks then they can urge what could go wrong? 2-4 week incubation time with hundreds of people in close environs all across the country? na, it'l be fine
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Shares face worst week since global financial crisisAsian stock markets continue falling, as the coronavirus spreads across the globe. My body waiting for the virus The rich will bail the market out eventually. Meanwhile Im buying in on the way down. What does Trump has to say about it?
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Professor who predicted last 9 elections warns coronavirus could 'doom' Trump in 2020With markets sliding due to supply chain disruption, coronavirus could have dramatic impacts on 2020 election Why? Why wouldn’t people see having him leading us is the safest thing for the country especially as we are the ones pushing out the vaccine? And he was the one restricting travel immediately. Ivanka in a lab coat isn't going to save Americans from the Corona virus ... ? Professor Allan Lichtman also correctly predicted that Trump would be impeached in 2019. Can he please give me tonights lottery numbers?
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Italian media voices fears of 'nervous breakdown' over coronavirusItaly has confirmed 370 cases so far with 12 people dead and neighbouring countries scrambling to stop the virus spiralling across Europe (pictured, a nearly deserted Milan). Corona Pasta & ravioli must be tasty. pray for italian people guys this is shit ;/ 🙏
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