'There is no escape': Stocks plunge as Senate debates coronavirus bill - Business Insider

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'There is no escape': Stocks, oil, and bitcoin plunge as US lawmakers fight over coronavirus rescue package

The virus — which causes a flu-like disease called COVID-19 — has, killed at least 14,000, and spread to upwards of 150 countries. The outbreak has disrupted international supply chains, forced businesses to temporarily close and fire thousands of workers, and spurred governments to lock down their populations to reduce transmission.

"Politicians should stop bickering about their differences and do what is right for the public," Naeem Aslam, chief market analyst at AvaTrade, said in a morning note. "If affairs start to get out of control, the market sell-off will be profoundly uglier than any of the previous crises," he added.DAX

Source: News Formal (newsformal.com)

 

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