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Why the Market’s Reaction to Coronavirus isn’t the Same as SARS
The coronavirus outbreak has infected more than 31,000 people in China and has led to multiple lockdowns of cities, travel restrictions, store closures, and manufacture disruption. The S&P 500 dropped 3% in the two weeks after Jan.17, when the coronavirus outbreak started hitting major headlines. China’s Shanghai Composite index plunged nearly 8% on Monday—the first trading day after the country’s extended Lunar New Year holiday—but climbed up in the following sessions to recoup nearly half of the losses.
https://finance.yahoo.com/m/9365e33...b/why-the-market’s-reaction-to.html?.tsrc=rss
The coronavirus outbreak has infected more than 31,000 people in China and has led to multiple lockdowns of cities, travel restrictions, store closures, and manufacture disruption. The S&P 500 dropped 3% in the two weeks after Jan.17, when the coronavirus outbreak started hitting major headlines. China’s Shanghai Composite index plunged nearly 8% on Monday—the first trading day after the country’s extended Lunar New Year holiday—but climbed up in the following sessions to recoup nearly half of the losses.
https://finance.yahoo.com/m/9365e33...b/why-the-market’s-reaction-to.html?.tsrc=rss
