BUSINESS/FINANCE NEWS
Setup News Ticker
   BUSINESS/FINANCE NEWS
Searching for 'China World'. (Return)

Yahoo BusinessJan 21, 2020
Stocks Slip Worldwide After Virus Spurs Caution: Markets Wrap
(Bloomberg) -- U.S. equities slumped, joining a global decline as investors grappled with worries that a deadly virus in China might undercut economic growth. Treasuries rose.All three of the main U.S. gauges slid in early trading, with industrial shares among the worst performers after declines in Asia and Europe triggered by reports that the respiratory virus was spreading. Shares in Hong Kong were hardest hit. The Stoxx Europe 600 Index recovered from the worst of its drop, though remained on course for a second day of losses.U.S. luxury stocks headed for their biggest drop since October on worries the virus will disrupt spending during a key Chinese holiday period; banks also retreated after UBS Group AG missed profitability targets. The risk-off mood helped support some traditional haven assets, and the yen and Treasuries advanced even as gold fell.Read more: China Virus Concern Hammers Asian Stock SentimentThe emergence of the illness in China stirred memories of the SARS outbreak 17 years ago for some market watchers, though it isn't yet as serious. The developments provided an excuse for investors who bid up U.S. stocks to record highs last week to take a pause and assess the outlook for global growth and corporate profits as earnings season picks up."There seems to be a little bit of profit taking, maybe a little less risk taking today," said Yousef Abbasi, global market strategist at INTL FCStone. "You're going to see people thinking about what is normally a travel and leisure holiday in China, a
TRENDING TAGS
TrumpDavos impeachment trial President Martin
Chinavirus fears coronavirus outbreak Sars-like
DavosTrump Economic climate urges Economy
Stockvirus China market Markets fears
FundFiler least 40-17F2 BNY MELLON
Teslabiggest Stocks making moves Uber
VirusChina coronavirus fears outbreak spread
Stocksvirus China Markets fears growth
globalIMF virus economy INC Markets
MeatBeyond Starbucks Stock plans plant-based

NEWS SOURCES
Top News (Business News)
Accounting Today
AdWeek News
Banking Business Review
Barron's This Week Magazine
Barron's Up and Down Wall Street Daily
Brad Ideas
Chicago Tribune Business News
CNBC Business
CNBC Economy
CNBC Finance
CNN/Money
CNN/Money Real Estate News
Dismal.com: Analysis
Dismal.com: Indicators
Enterprise Application News
Entrepreneur.com
Forbes Headlines
Forbes Social Media News
FT.com - China, Economy & Trade
FT.com - Financial Markets
FT.com - Hedge Funds
FT.com - Telecoms
FT.com - US
Google Business News
Google Market News
HBS Working Knowledge
Inc.com
INSEAD Knowledge
International Tax Review
Kiplinger
Knowledge@Wharton
L.S. Starrett News
MarketWatch
MarketWatch Breaking News
MarketWatch MarketPulse
McKinsey Quarterly
MSNBC.com: Business
Nielsen Trends
NonProfit Times
NPR Topics: Business
NYTimes Business
OpinionJournal.com
Private Equity Breaking News
Reuters Business
Reuters Company News
Reuters Money
SEC.gov Updates: News Digest
SHRM HR News
Tax Policy News
The Economist International News
The Motley Fool
USA Today Money
Wall Street Journal US Business
Wall Street Transcript
Washington Post Business
WSJ Asia
WSJ Europe
WSJ MoneyBeat
WSJ Opinion
WSJ US News
WSJ World Markets
Yahoo Business
  • CEOExpress
  • 1 Boston Place | Suite 2600
    Boston MA 02108
  • 617 482 1200
    617 299 8649 (fax)
  • Contact
  • As an Amazon Associate
    CEOExpress earns from
    qualifying purchases.

©1999-2020 CEOExpress Company LLC