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US companies suspend China operations as coronavirus outbreak spreads

US companies suspend China operations as coronavirus outbreak spreads

Disney, McDonald’s, Starbucks, GM and other U.S. companies with significant footprints in China are suspending operations and instituting travel restrictions as they respond to the outbreak of the coronavirus. Meanwhile, all 3 major U.S. indices fell by more than 1% in intra-day trading Monday as investors reacted to the outbreak.

Simone
Simone
Fin
Fin 7 months

Ouch goes the stock market.. Grr

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