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Reuters Company NewsFeb 27, 2020
European stocks slide again on pandemic fears
European shares fell again on Thursday, with travel stocks taking the biggest knock, as a jump in new coronavirus cases outside of China deepened fears of a pandemic that could dent global growth.

Yahoo BusinessFeb 27, 2020
Stocks Extend Losses, Bond Yields Hit Record Lows: Markets Wrap
(Bloomberg) -- The worldwide stock sell-off extended on Thursday, putting a global benchmark on course for the lowest close since October as investors continue to fret the spread of the coronavirus. Most government bonds added to gains, sending yields to unprecedented lows.The MSCI All-Country World Index fell for a sixth straight day, with Japan's benchmark gauge leading declines among major indexes. Futures on the S&P 500 dropped as much as 1.6% but recovered most of those losses. Having closed flat on Wednesday the Stoxx Europe 600 slumped in a broad-based retreat, with Anheuser-Busch InBev NV among the worst performers after a dismal forecast. Several large companies on the benchmark, including HSBC Holdings Plc, are today trading without the right to dividends, potentially exacerbating declines.Safer assets continued to be in demand, and the yen strengthened as yields on 10-year U.S. and Australian government bonds hit fresh record lows. Oil sank further.U.S. health authorities on Wednesday said they found the first case of coronavirus that does not have ties to a known outbreak. In South Korea, the number of cases rose above 1,500; the U.S. urged travelers to reconsider any trips to the country. On the corporate-news front, Microsoft Corp. joined those warning that the virus is impacting its supply chain.Global shares are down more than 7% from the peak reached earlier this month."Even with that retracement and multiple derating, we're still at cycle highs," George Boubouras, head of resear

Yahoo BusinessFeb 27, 2020
S&P 500 Futures Drop on U.S. Virus Case Without Outbreak Ties
(Bloomberg) -- U.S. stock index futures slid after American health authorities said they've identified the first case of coronavirus that doesn't have known ties to an existing outbreak.March contracts on the S&P 500 Index were down 1.4% as of 2:35 p.m. in Tokyo, after the U.S. Centers for Disease Control and Prevention said the patient doesn't appear to have traveled to China or been exposed to another known case of the virus. Contracts also dropped after a speech by President Donald Trump failed to assuage investors' concerns of the novel coronavirus derailing global growth. Euro Stoxx 50 futures declined 2.7%."President Trump's press conference was certainly intended to be a confidence builder but I don't believe it will have much impact on stocks," said Kristina Hooper, chief global market strategist at Invesco. "The drop in futures illustrates that words from politicians are meaningless. I believe it will take assurances from the Fed to send futures in the opposite direction."Trump sought to calm markets after one of the worst stretches for American stocks in almost five years. The underlying index is mired in a five-day losing streak that wiped out more than $2 trillion in value from American equities.The U.S. urged travelers to reconsider trips to South Korea as the country's number of cases rose to more than 1,500. New infections were diagnosed in countries from Pakistan to Brazil. Saudi Arabia halted religious visits that include stops in Mecca and Medina."Investors will be looking at tod

Google Business NewsFeb 26, 2020
Local Health Officials Say There Is Much to Learn About Coronavirus - WSET
Local Health Officials Say There Is Much to Learn About Coronavirus  WSETCoronavirus update in US: Who's responsible for protecting you?  Vox.comLatest American infected with coronavirus has no relevant travel history: CDC  ABC NewsExperts: How to protect yourself from coronavirus  Newsday
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