Friday, February 28, 2020

Coronavirus spreads in 3 continents; $5 trillion wiped off markets

Countries on 3 continents reported their first cases of the coronavirus on Friday as the world prepared for a pandemic and investors dumped equities in expectation of a global recession. Coronavirus panic sent world share markets crashing again, compounding their worst week since the 2008 global financial crisis and bringing the wipeout to $5 trillion.
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