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Reuters Company NewsFeb 21, 2020
WRAPUP 7-Hundreds infected in Chinese prisons as coronavirus cases jump beyond epicentre
The new coronavirus has infected hundreds of people in Chinese prisons, authorities said on Friday, contributing to a jump in reported cases beyond the epidemic's epicentre in Hubei province, including 100 more in South Korea.

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Coronavirus updates: South Korea reports big jump in cases, virus spreading in Chinese prisons - NBC News (Google Business News)

Reuters Company NewsFeb 21, 2020
US STOCKS-Wall St set to fall again as coronavirus spreads beyond China
* Futures down: Dow 0.33%, S&P 0.34%, Nasdaq 0.31% (Adds comment, updates prices)

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Coronavirus slows China's property market to a crawl — and even the most robust real-estate app is no match (MarketWatch)
Not Just Nike and Apple; Small U.S. Firms Disrupted by China Virus (Wall Street Journal US Business)

CNBC FinanceFeb 21, 2020
Stock market live updates: Dow futures dip 60 points, JPMorgan sees 'sell signals'
A discussion of what's moving the market on Friday, including the coronavirus.

Reuters Company NewsFeb 21, 2020
GLOBAL MARKETS-Yen regains footing as coronavirus spread knocks stocks
* Graphic: World FX rates in 2020 http://tmsnrt.rs/2egbfVh (Releads; updates prices throughout)

Reuters Company NewsFeb 21, 2020
US STOCKS-Futures slide as coronavirus spreads beyond China
U.S. stock index futures lurched downwards on Friday as a spike in new coronavirus cases in China and elsewhere sent investors scrambling for safer assets such as gold and government bonds.

MarketWatch MarketPulseFeb 21, 2020
Fed's Bostic says coronavirus will likely be 'short-time hit' to economy
Business contacts in the Atlanta Fed region expect only a temporary disruption from the COVID-19 outbreak, Atlanta Fed President Raphael Bostic said Friday. "I think this is going to be like a short-time hit," Bostic said in an interview on CNBC. While that is the baseline expectation, new information on the deadly virus is coming in every day, he noted. Bostic said he expected strong growth and low inflation ahead for the U.S. economy. There is no need for the Fed to cut interest rates, he said. "I have no impulses really to think that we need to do anything with our policy stance different from where we are today," Bostic said. "The economy is strong. It can stand on its own feet and it can grow pretty consistently. And so we should let it do that," he said. The recent fall in bond yields is partly due to safe-haven flows into U.S. markets, Bostic said. The 30-year bond yield hit an all-time low of 1.93% Friday morning.

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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CANADA STOCKS-TSX futures dip as oil prices fall on fears over coronavirus outbreak (Reuters Company News)
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Oil falls 1% as spreading virus compounds concerns over demand hit (Reuters Business)
Opinion | Why Does the U.S. Have So Few Confirmed Coronavirus Cases? - The Wall Street Journal (Google Market News)
Coronavirus: Apple supplier Foxconn warns over revenue hit (FT.com - China, Economy & Trade)
Coronavirus latest: Apple supplier Foxconn warns of hit from outbreak (FT.com - US)
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