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World prepares for coronavirus pandemic; global recession forecast ReutersCoronavirus is sparking fears it could become a pandemic - here's why | Just The FAQs USA TODAYKey terms of the coronavirus outbreak, explained: From asymptomatic to zoonotic The Washington PostWorld must prepare for possibility of COVID-19 pandemic: WHO ARIRANG NEWSItaly learns little from China's epidemic control, and pays the price Global TimesView Full Coverag
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The virus, which has now spread to 47 countries, has put pressure on businesses and supply chains around the world.
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 Dell Technologies Inc. is making a big bet that its server business will rebound this year, as it prepares for its PC business to decline as the market slows because of the coronavirus and the end of the Windows 10 upgrade cycle
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Investors are employing high-frequency "alternative" data that isn't offered by government statistics agencies to get a read on China's recovery from COVID-19.
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 Fears of a sustained global economic impact as the coronavirus rapidly spreads beyond China have sent investors scrambling to find safety less than 10 days after the U.S. stock market set record highs.
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A big jump in Coronavirus cases around the world is creating turmoil in an oil market that's already oversupplied.
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Forty percent of a CFO survey group representing the world's biggest corporations tell CNBC the coronavirus COVID-19 has caused a "major decrease" in demand from China.
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 Allianz chief economic advisor Mohamed El-Erian weighs in on the major selloff gripping Wall Street.
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U.S. stocks extended sharp losses for a sixth straight day Thursday, with benchmark indexes finishing in correction territory. as the global coronvirus epidemic disrupted international trade and travel.
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 Pfizer Inc on Thursday warned
that the continued spread of the coronavirus globally could have
an adverse impact on its financial results.
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The new coronavirus that was first identified late last year in Wuhan, China, is a dominant theme in the earnings releases and conference calls of S&P 500 companies as investors press for answers on how it will impact their business.
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Of the new cases, 182 were located in the southeastern city of Daegu, according to KCDC data.
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The risk to American people
from coronavirus is low, but that could change, U.S. Health and
Human Services Secretary Alex Azar said on Thursday.
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As the coronavirus epidemic spreads in China and beyond, U.S. companies will see profits stagnate in 2020, according to a Goldman Sachs report.
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Doctors suspected infection with the virus, but the patient did not fit the federal criteria and was not tested for days.
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Facebook Inc said on Thursday it would cancel its annual developer conference due to fears over the coronavirus, as growing concerns about the economic impact of the global outbreak drove Wall Street to tumble for a sixth straight day.
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With this week's coronavirus-driven rout having shaken awake previously slumbering euro-dollar markets, the spotlight is back on the "short volatility" trades that some regulators fear could trigger a blowup on world markets.
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"A lot of people are worried about their supply chain," CEO Josh Silverman said, adding "Etsy makers are already working from home, so we feel resilient."
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"If anything, some of them should do even better as this outbreak gets worse," the "Mad Money" host said.
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NEW YORK, Feb 27 (LPC) - Companies are warning that the
fast-spreading coronavirus could disrupt operations and cut into
earnings as the loan market feels the pinch from a selloff in
equity markets.
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The epidemic has already shut down much of China and its film industry, affected production in Italy and could dampen the U.S. box office.
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Global share markets headed for the worst week since the darkest days of the financial crisis in 2008 as investors braced for the coronavirus to morph into a pandemic and derail world economic growth.
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Klobuchar, at Fox News town hall, dings Trump on coronavirus, rips cost of Sanders' proposals Fox NewsAmy Klobuchar explains what she was thinking in heated debate photo CNNBernie Sanders aims for knockout blow against Klobuchar campaign by winning Minnesota Washington ExaminerThe Case for Amy Klobuchar The New York TimesThe Case for Bernie Sanders The New York TimesView Full Coverage on Google News
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U.S. stock futures opened lower on Thursday night, building on the steep declines suffered by the major stock index that sent them more than 10% below their record highs.
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Drugmaker Mylan NV said on Thursday it expects the coronavirus outbreak to impact its financial results and warned of drug shortages in case of continued spread of the virus, sending shares of the company down 3.6%.
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 U.S. stocks plunged this week. Protect your 401(k) by taking these four steps.
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The Federal Reserve may need to move aggressively to cut borrowing costs to cushion the economy from the effects of the rapid spread of the new coronavirus, which sent global stocks tumbling this week.
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Here's why the U.S. government's effort to contain the coronavirus outbreak ‘was never going to be successful' MarketWatchIf coronavirus spreads within the US, here's how daily life might change CNN5 ways we can prepare for coronavirus | TheHill The HillGov. Newsom Gives An Update On California Coronavirus Response Capital Public Radio News
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The rise is a sign businesses were more willing to spend in early 2020, despite coronavirus risks that erupted late that month.
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Bank lowers baseline EPS estimate as disease continues to spread globally
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 Has the stock market had a more brutal week? Sure, but not many. Stocks on Thursday were in a nearly unmitigated selloff prompted by coronavirus fears that could amount to the worst week for the major equity indexes since the 2008 financial crisis. The Dow Jones Industrial Average was pace for its steepest weekly slide, down 9.4%, since Oct. 10, 2008, when it skidded 15.3%. The S&P 500 index was most recently off 9.3%, which would also represent its sharpest weekly slump since a 18.2% decline in October of 2008. The Nasdaq Composite Index Nasdaq was off 9.4% for the week and set for its sharpest weekly skid since 2008. All three benchmarks fell into correction territory early Thursday, defined as a drop from a recent peak of at least 10%, but not greater than 20%.
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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Goldman Sachs slashed its outlook for S&P 500 corporate earnings in 2020, and now expects "no earnings growth" this year, as fears over the potential negative impacts of the coronavirus outbreak intensifies. Portfolio strategist David Kostin now expects aggregate S&P 500 earnings per share of $165, down from his previous estimate of $174, which represents 0% growth, and he lowered his 2021 outlook to $175 from $183 to now represent a 6% rise. "Our reduced forecasts reflect the severe decline in Chinese economic activity in 1Q, lower end-demand for U.S. exporters, supply chain disruption, a slowdown in US economic activity and elevated uncertainty," Kostin wrote in a note to clients. The S&P 500 has lost 3.4% so far in February through Wednesday, and futures are shedding 1.6% ahead of the open.
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 depth of the slide for stocks this week can perhaps best be illustrated by the severity of the skid for the 124-year-old Dow Jones Industrial Average.
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 (Bloomberg) -- U.S. health authorities moved to greatly expand the number of people who will be tested for the coronavirus, adding travelers from several new countries with outbreaks as well as people with unexplained, severe respiratory illnesses.California is currently monitoring 8,400 people for signs of exposure to the coronavirus after they traveled to Asia, Governor Gavin Newsom said. Thousands of people around the U.S. have been asked to self-isolate or check themselves for symptoms since the U.S. put new limits on travel earlier this month.The Trump administration may invoke special powers to boost domestic production of masks, Reuters reported. In Washington, Health and Human Services Secretary Alex Azar said that any drug or vaccine developed by companies with help from the U.S. government must be financially accessible.Key DevelopmentsGlobal deaths surpass 2,800, with more than 82,400 casesChina death toll at 2,744, up 29; cases climb to 78,497, up 433First U.S. case of unknown origin; Pence in charge of responseSouth Korea cases rise, U.S. urges travelers to reconsider tripsAsk Health Experts Questions on Coronavirus in TOPLiveClick VRUS on the terminal for news and data on the coronavirus and here for maps and charts. For analysis of the impact from Bloomberg Economics, click here.CDC Expands Coronavirus Testing to More Patients (4:38 p.m. NY)U.S. health authorities moved to greatly expand the number of people who will be tested for the coronavirus, adding travelers from several new countries w
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 U.S. stocks extended losses Wednesday as investors continued to weigh the fast-spreading coronavirus and its impact on the economy.
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