Article 4ZW0N Global markets tumble for second day amid fears of coronavirus spread

Global markets tumble for second day amid fears of coronavirus spread

by
Dominic Rushe and agencies
from on (#4ZW0N)

Dow Jones lost 877 or 3.1%, the tech-heavy Nasdaq dropped 2.7% and the S&P 500 fell 3% following similar losses across the Atlantic

Investors sold off shares across the world for a second day on Tuesday as fears of the economic impact of the coronavirus continued to grow.

In New York the major markets experienced their biggest drop in two years amid fears that the growing virus outbreak will put the brakes on the global economy and more companies warned the outbreak will hurt their finances.

The Coronavirus is very much under control in the USA. We are in contact with everyone and all relevant countries. CDC & World Health have been working hard and very smart. Stock Market starting to look very good to me!

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