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The coronavirus wiped $3.18 trillion in market value from U.S. stocks this week, according to estimates from S&P Dow Jones Indices.
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The coronavirus continued to roil markets on Friday.
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Federal Reserve officials are watching markets as coronavirus risks spook investors, and say they will ‘act as appropriate.'
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Advent and Cinven will have to strain every sinew to make their purchase of Thyssenkrupp's elevator business pay off.
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Stocks tumbled once again over the coronavirus. The Dow, however, closed well off its session lows.
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Some investors appear to be seeing a buying opportunity here, judging from the market's rapid upswing in the last half hour of trade. There's no guarantee this can last, and weekend events could play a big role.
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 With the rapid global spread of the new coronavirus and the U.S. stock market suffering its worst week since the Great Recession, central bankers around the world are under rising pressure to reduce borrowing costs to create a cushion against economic harm. So far they have largely resisted. Following are some of their recent remarks:
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Vermont Senator Bernie Sanders may be surging in the polls ahead of Super Tuesday, but some on Wall Street have made their own conclusions on what November will bring: four more years of President Donald Trump.
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 The coronavirus spread
further on Friday, with cases reported for the first time in at
least six countries across four continents, battering markets
and leading the World Health Organization (WHO) to raise its
impact risk alert to "very high."
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 U.S. stocks capped the week with another session of painful losses on Friday amid worries around the COVID-19 outbreak's potential to upend the global economy. Stocks trimmed Friday's losses by the closing bell with the Nasdaq turning positive. The S&P 500 was down 0.8% to end around 2,955. The Dow Jones Industrial Average retreated 358 points, or 1.4%, to finish near 25,409, based on preliminary numbers. The Nasdaq Composite was up less than 0.1% at 8,567. But for the week, the S&P 500 was down 11.5%, the Nasdaq fell 10.5%, and the Dow tumbled 12.4%. For the month, the S&P fell 8.4%, Dow fell 10%, and the Nasdaq dropped 6.4%. Federal Reserve Chairman Jerome Powell issued a statement saying the U.S. central bank would act as appropriate and monitor the coronavirus impact, an announcement that raised expectations for monetary easing later this year. The 10-year Treasury note yield set a record closing low of 1.127% on Friday.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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The deluge of business warnings around the coronavirus is alarming and a correction was overdue anyway. But is the world really headed for recession?
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It's important to remember that market downturns are a natural and healthy part of investing in the stock market. Here are some reminders of what you should and should not do before, during, and after an extended market downturn.
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U.S. consumer spending slowed in January and could lose further momentum as the fast-spreading coronavirus outbreak, which has sparked a stock market sell-off and revived fears of a recession, causes households to tighten their purse strings.
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Federal Reserve Chairman Jerome Powell signaled the central bank was prepared to cut interest rates if needed.
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The S&P 500 fell for the seventh straight day on Friday and the benchmark index suffered its biggest weekly drop since the 2008 global financial crisis on growing fears the fast-spreading coronavirus could lead to a recession, although stocks cut losses at the end of the day's session.
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Options being discussed internally include a payroll tax cut and calling on the Federal Reserve to cut interest rates.
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 This week's stock market plunge on coronavirus worries has given hedge fund managers a rare opportunity to brag that they are performing better than traditional stock market funds during a time of...
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Federal court blocks Trump's Remain in Mexico border policy - live The GuardianAppeals Court Blocks Trump's Remain-In-Mexico Asylum Policy The Wall Street JournalU.S. appeals court blocks Trump policy forcing migrants to wait in Mexico ReutersFederal Appeals Court Blocks Trump's ‘Remain in Mexico' Policy National ReviewView Full Cov
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Goldman Sachs expects the coronavirus to drive the Federal Reserve to cut U.S. interest rates by 75 basis points by June it said on Friday, implying as many as three cuts starting at its next meeting in March.
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This was supposed to be the season teams moved out of LA, but now they're back.
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OXY earnings call for the period ending December 31, 2019.
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Markets around the world are continuing to plunge in what's been the worst week in over a decade.
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New cases across the Continent sparked further selloffs in European and U.S. stock markets.
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The Geneva auto show was canceled after Switzerland announced Friday that it was banning events expected to draw more than 1,000 people.
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Sales of Rolls-Royces have fallen "pretty close to zero" in China due to the spread of coronavirus, but the company sees early signs of possible recovery, the company's CEO told CNBC.
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 Dow closes down over 350 points Friday, suffering weekly loss of 12%
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CNBC's Jim Cramer said Friday cautioned retail investors against going all in on Apple's coronavirus-driven pullback.
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The countries affected, the number of deaths and the economic impact
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 Topic: HealthInternetRobocars
These masks don't help the uninfected very much, except stopping you from touching your face.
Back in 2005 during the H5N1 flu, I outlined a number of potential technological solutions to dealing with urban shutdowns due to an epidemic. Sad to say, we don't seem to have done them. We may try some of them in the next (or current) epidemic but some of them needed some simple planning.
A summary of the plans included:
*Plans for much more telecommuting and videoconferencing to facilitate working from home
*Plans for video services (using spare TV channels and internet) to allow teachers to convene and teach class to students staying at home.
* Plans to improve online shopping, including optimized grocery delivery for those sheltering at home, using delivery people with proper training, or who have received prioritized vaccines, or who are recovered victims with immunity.
*In general, making the best use of recovered victims with immunity at all critical infrastructure.
At the time, the internet was not as widespread. I underestimated how quickly small amounts of vaccine can be generated -- it is possible to generate them, but takes many months to test them for
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There are now a total of 83,861 cases of COVID-19 and at least 2,867 deaths, according to the latest figures from the Johns Hopkins Whiting School of Engineering's Centers for Systems Science and Engineering. About 36,000 people have recovered. It's another day in which the rising case and death count has been driven largely by the growth of ex-China cases. The novel coronavirus was first identified in December in Wuhan, China. There are 388 cases in Iran and 34 deaths; 655 cases in Italy and 17 deaths; and 2,337 cases and 13 deaths in South Korea. In the U.S., there are 60 cases, including the first possible case of a transmission of the virus in the community, of a woman in Northern California who is being treated at a hospital in Sacramento. In addition, over the past two days, several countries have reported their first cases of COVID-19, including Brazil, Georgia, New Zealand, and Norway.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Coronavirus outbreak: World Health Organization gives latest update on virus | LIVE Global News5 ways we can prepare for coronavirus | TheHill The HillCoronavirus has 'pandemic potential', says World Health Organisation Channel 4 NewsTwo lessons to be learned in coronavirus outbreak Daily SabahIf coronavirus spreads within the US, here's how daily life might change CNN
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 Several key economic metrics are ticking upward even as rest of the world begins to cope with the spreading pandemic.
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NCSU economist: Coronavirus could take down the economy - here's how WRAL Tech WireCoronavirus: at this rate, how is China's economy to recover lost ground? South China Morning PostCoronavirus: Latest updates on Coronavirus in China, Death Toll, Vaccine and more Times of IndiaWhat does Coronavirus mean for investors? Hargreaves LansdownThe facemask that could spot the killer coronavirus Daily Mail
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Prices are tumbling due to coronavirus-fueled fears.
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Stocks capped off a wild week of trading with another massive sell-off.
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Oil prices slumped for a sixth day in a row on Friday to their lowest in more than a year, causing futures to drop by the most in a week since 2016, as the spread of coronavirus stoked fears that a slowing global economy would hit energy demand.
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2020-02-28 0001752724-20-042777 512 KB
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Airlines suffer most, but tech, food and leisure sectors hit by disrupted supply chains
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The coronavirus spread
further on Friday, with cases reported for the first time in six
countries across three continents, battering markets and leading
the World Health Organization (WHO) to raise its impact risk
alert to "very high."
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Bankers say at least 10 US bond issuers held off from deals this week as costs climbed
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Kojima, Sony and EA are also among those who have scaled back or canceled their appearances at the event.
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At today's low, ServiceNow shares were off 15% from last week's record high. In 2019, the company's total revenue rose 33% to $3.46 billion, with subscription revenue up 34%. For 2020, subscription revenue guidance calls for growth of 30%.
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Financial markets have suffered their worst week since the 2008 financial crisis. The drubbing continued as coronavirus spread and fears grew that its impact will damage the global economy.
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Coronavirus panic sent world stock markets tumbling again on Friday, putting them on course for their largest weekly fall since the 2008 global financial crisis, with over $5 trillion wiped from global market value so far this week.
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 South Carolina Republican chairman Drew McKissick says Democrats in the state are starting to 'panic.'
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Switzerland on Friday banned large events expected to draw more than 1,000 people in a drive to curb the new coronavirus epidemic, prompting cancellation of the Geneva car show and grumbling from businesses watching demand vanish.
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