Global equity markets gripped with coronavirus fears

Global equity markets gripped with coronavirus fears

Global markets have tanked Monday as the number of coronavirus cases outside China surged, stoking fears of a prolonged global economic slowdown. South Korea’s Kospi index closed down 3.9% while Italy’s FTSE MIB plunged nearly 6%. The Dow Jones Industrial Average futures is indicating a drop of nearly 900 points at the open. Meanwhile, Gold prices continue an upwards trend rising nearly 2%.

Chris
Chris
Rhokanth
Rhokanth 2 months

I still think the coronavirus thing is being over-reported to drive down stock prices on purpose, but what do I know. The death toll is still less than 3k. There are larger world disasters that happen that don't drive down stocks this much.

Steven
Steven 2 months

Well now is a great time to invest I think

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