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Reuters Company NewsFeb 25, 2020
WRAPUP 1-U.S. warned to prepare for coronavirus pandemic as Europe lockdowns spread
* Interactive graphic tracking global spread of coronavirus https://tmsnrt.rs/3aIRuz7

Yahoo BusinessFeb 25, 2020
Asian Stocks Tumble on Virus Angst; Bonds Gain: Markets Wrap
(Bloomberg) -- Stocks in Asia fell after another epic rout on Wall Street and in the wake of a further escalation in coronavirus cases in South Korea, Asia's fourth-largest economy.The won slumped towards its weakest since 2016, leading Asian currency declines. Stock benchmarks fell over 1% from Seoul and Tokyo to Hong Kong and Shanghai. That's still less than the 3% plunge overnight in the U.S., which took the S&P 500 Index to its worst two-day slide since 2015. Ten-year U.S. Treasury yields remained near Tuesday's record low. The offshore yuan dipped, and the yen retained gains.South Korea said its national total for coronavirus cases is now more than 1,000, up from just 51 a week ago. American health officials on Tuesday warned that they expect the epidemic to spread in the U.S., news that extended the sell-off in stocks. The virus and the market reaction has also entered U.S. politics. President Donald Trump tweeted that "Stock Market starting to look very good to me!" after the close on Monday. Democratic presidential candidate Elizabeth Warren by contrast said the plunge in the stock market is only the "tip of the iceberg" of a growing economic threat from the coronavirus.Meantime, traders are monitoring for any signs of policy accommodation as the global economy absorbs the blow of virus-linked shutdowns. U.S. central bankers are closely monitoring the spreading virus, but it is "still too soon" to say whether it will result in a material change to the outlook, Federal Reserve Vice Chairman Rich

Reuters BusinessFeb 25, 2020
Wall Street's sell-off deepens as coronavirus fears intensify
The Dow and the S&P 500 tumbled 3% on Tuesday in their fourth straight day of losses as the coronavirus spread further around the world and investors offloaded risky assets as they struggled to gauge the economic impact.

CNBC BusinessFeb 25, 2020
China's health care system under pressure as coronavirus continues to spread
Even though local authorities have rushed to build new hospitals, first-hand reports still describe inadequate hospital beds and medical care.

FT.com - Financial MarketsFeb 25, 2020
Junk bond spreads surge as investors consider virus risks
Risk premium on high-yield debt has increased by more than at any time since the Brexit vote

Reuters BusinessFeb 25, 2020
U.S. airlines, hotels extend rebooking options as coronavirus spreads
U.S. airlines and hotels are extending options for customers to rebook travel to a growing list of countries, including Italy, as coronavirus cases spiked outside of China and sparked fears of a global pandemic.

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UPDATE 3-U.S. airlines, hotels extend rebooking options as coronavirus spreads (Reuters Company News)

NPR Topics: BusinessFeb 25, 2020
Dow Drops 1900 Points In 2 Days As Markets Sell Off On Fears Of Coronavirus Spread
The Dow Jones Industrial Average fell 879 points. That's on top of Monday's drop, when the Dow tumbled more than 1,000 points.
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