Tag: Coronavirus

By the Numbers: How the Coronavirus Epidemic Is Hitting Businesses Around the World – WSJ

The epidemic is sending ripples through every corner of the global economy, slashing revenues, roiling supply chains and wiping out trillions in market value.
— Read on www.wsj.com/articles/by-the-numbers-how-the-coronavirus-epidemic-is-hitting-businesses-around-the-world-11582952518

How bad is the coronavirus-sparked stock-market selloff? — the Dow’s weekly skid is shaping up to be its 5th worst in its 124-year history – MarketWatch

The depth of the slide for stocks this week can perhaps best be illustrated by the severity of the skid for the 124-year-old Dow Jones Industrial Average.
— Read on www.marketwatch.com/story/how-bad-is-the-coronavirus-sparked-stock-market-selloff-the-dow-industrials-weekly-skid-would-rank-top-20-on-record-2020-02-27

Virus-hit stocks shed $3 trillion; safe havens thrive – Reuters

Stocks resumed their plunge, wiping out more than $3 trillion in value this week alone, and U.S. Treasuries yields hit record lows on Thursday as the coronavirus spread faster outside China and investors fled to safe havens.
— Read on www.reuters.com/article/us-global-markets/virus-hit-stocks-shed-3-trillion-safe-havens-thrive-idUSKCN20L05A

Coronavirus poses risks to fragile recovery in global economy: IMF – Reuters

The coronavirus epidemic has already disrupted economic growth in China and a further spread to other countries could derail a “highly fragile” projected recovery in the global economy in 2020, the International Monetary Fund warned on Wednesday.
— Read on www.reuters.com/article/us-imf-economy/coronavirus-poses-risks-to-fragile-recovery-in-global-economy-imf-idUSKBN20D1WA

China central bank sees limited impact to economy from coronavirus – Reuters

China’s central bank said on Wednesday the impact of the coronavirus on the economy will be limited as the epidemic has not changed the country’s economic fundamentals.
— Read on www.reuters.com/article/us-china-cenbank-report/china-central-bank-sees-limited-impact-to-economy-from-coronavirus-idUSKBN20D1TW