U.S. stocks attempt to rebound, despite China's $400 billion coronavirus market sell-off by skleb1234
The massive sell-off—with more than 80% of listed companies falling by their maximum 10% daily volatility limit—came despite Chinese central bankAs of Monday, the coronavirus has now infected more than 17,000 people and killed at least 361, according to China’s National Health Commission. The deadly and fast-spreading virus has surpassed the level of severity seen in the SARS outbreak, which killed some 800 people and infected 8,000.
There are rising concerns over this new disease’s impact on China’s already slowing economy, not to mention whatThe coronavirus continues to dominate everything – headlines in the last 72 hours were positive in aggregate, although only just barely,” Adam Crisafulli, founder of Vital Knowledge, wrote in a note on Monday. “While doctors are having some success in treating the coronavirus, there still isn’t a vaccine and health experts increasingly think it will become a pandemic.
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U.S. Stocks Attempt To Rebound, Despite China’s $400 Billion Coronavirus Market Sell-OffI am a New York—based reporter for Forbes, covering breaking news—with a focus on financial topics. Previously, I've reported at Money Magazine, The Villager NYC, and The East Hampton Star. I graduated from the University of St Andrews in 2018, majoring in International Relations and Modern History. Follow me on Twitter skleb1234 or email me at sklebnikovforbes.com
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Stocks rise on Wall Street, but China's main market divesTechnology companies led U.S. stocks higher in early trading Monday as global markets mostly calmed down following a sharp sell-off last week over worries about the spreading virus outbreak that began in China
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Chinese stocks crash as Wuhan coronavirus fears rampage through markets | Markets InsiderChinese stocks plunged on Monday as Wuhan coronavirus continues to spread. The CSI 300 index fell as much as 9.1%, its worst opening in almost 1...
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U.S. Stocks Attempt To Rebound, Despite China’s $400 Billion Coronavirus Market Sell-OffI am a New York—based reporter for Forbes, covering breaking news—with a focus on financial topics. Previously, I've reported at Money Magazine, The Villager NYC, and The East Hampton Star. I graduated from the University of St Andrews in 2018, majoring in International Relations and Modern History. Follow me on Twitter skleb1234 or email me at sklebnikovforbes.com
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Coronavirus Fears See $400 Billion Wiped Off China’s Stock MarketChina's benchmark stock index crashed on Monday, its first day back after the extended Lunar New Year holiday, while travel restrictions to China expanded.
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