6 days ago by msn.com
On Friday, the World Health Organization, which has shied away from formally declaring the pathogen a pandemic, issued a dire warning that “global level” risks were growing. The speed and depth of the sell-off — which saw the S&P 500 Index plunge into a correction within a week, while the Dow recorded back-to-back days of 1,000 point losses, has resulted in over $6 trillion worth of market value being obliterated. Federal Reserve chair Jerome... read more...
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Coronavirus fears are overstated with respect to Ford, and once the market realizes this, dirt cheap F stock will bounce back. More From InvestorPlace 2 Toxic Pot Stocks You Should Avoid 7 Safe Stocks to Buy on the Coronavirus Dip 7 Stocks to Buy Down 10% in the Last Week These 4 Stocks to Sell Are Melting Down Now
On Thursday, Fox Business Network host, Stuart Varney suggested that the criticism towards President Donald Trump on his handling of the coronavirus, by Democrats, is "drumming up some panic," in regard to the stock market.
Ireland and Netherlands report first cases as US officials monitor thousands getting off domestic flights for symptoms. Follow live news
As Coronavirus cases spread throughout the world, the fear and uncertainty is taking a drastic toll on the financial markets. Meg Oliver reports.
Nigeria and Lithuania also report first cases as WHO says epidemic could get ‘out of control’. Follow live news
The US index shed nearly 1,200 points, one of the sharpest drops in history.
ASX loses another 3% on Friday, taking it into ‘correction’ territory and wiping off $200bn in the past week
European and Asian stock indexes opened in the red amid mounting concerns about the impact of the COVID-19 virus on business. The virus has continued to spread, with eastern Europe logging new cases. All the latest here.
Hyundai Motor Company's (OTC: HYMTF) shares dipped on Friday's trade in Seoul as the company's production is hit by the spread of the COVID-19 coronavirus. What Happened The South Korean automaker has shut down a factory in the city of Ulsan after a worker tested positive for the coronavirus, Reuters reported Friday. Hyundai has five factories in Ulsan, which account for about 30% of the company's entire production worldwide, according to...
Lance Dodes, ex-assistant clinical professor of psychiatry at Harvard Medical School told MSNBC the president poses a danger to the public with his handling of coronavirus.
European and Asian indexes plunged on Friday. Wall Street was poised for another downbeat open.
Stock market live updates: Stock futures fall amid historic selloff; coronavirus fears persist
London market heading for its worst week since 2008, as US suffers biggest ever one-day fall
CNBC's Jim Cramer said Friday cautioned retail investors against going all in on Apple's coronavirus-driven pullback.
On Friday, the World Health Organization, which has shied away from formally declaring the pathogen a pandemic, issued a dire warning that “global level” risks were growing. The speed and depth of the sell-off — which saw the S&P 500 Index plunge into a correction within a week, while the Dow recorded back-to-back days of 1,000 point losses, has resulted in over $6 trillion worth of market value being obliterated. Federal Reserve chair Jerome...
The virus has virtually crippled swaths of manufacturing in China, the second-largest economy in the world, and the country is a big buyer of products and services from other countries. U.S. technology companies such as Apple depend on Chinese supplies.
The Dow is suffering its worst week since the financial crash of 2008.
Financial markets have suffered historic losses and major companies have cancelled or withdrawn from key events and restricted travel for employees due to coronavirus fears.
Watch "Stock markets remain rattled amid coronavirus fear", a CBSN video on CBSNews.com. View more CBSN videos and watch CBSN, a live news stream featuring original CBS News reporting.
With concerns of the coronavirus growing into a pandemic and shoppers stocking up, experts say consumers will find more empty shelves by mid-April.
The president has dismissed criticism of his administration's response to coronavirus, which has led to a slump in the markets this week.
Third-party sellers with Chinese suppliers say factory closures have made it hard to keep products in stock.
People retiring urged to ‘hold tight’ and not withdraw funds while they’re at low levels
What Really Matters: As novel coronavirus spreads, stock market gets the flu
On Saturday, UC Davis confirmed three students living at the Kearney Hall residence were put into isolation. According to the university, one of the students was potentially exposed to the coronavirus and has since been tested negative for COVID-19. Two of the student’s roommates were also placed into isolation in on-campus apartments, but have since been released. Sign up for our Newsletters Although the student tested negative, people in Davis...
Economist Stephen Moore urged people not to panic over stock market losses amid the coronavirus outbreak, saying the economy would reboot after a cure for the illness is found.
A line packed with thousands of excited and hungry customers wrapped around the block outside Mesa's Asian District on Saturday night for the Asian District Night Market.