5 Top-Ranked Sector ETFs To Buy At Bargain Price
Zacks Investment Research | Mar 01, 2020 10:10PM ET
The fast spreading coronavirus outbreak has created panic across the globe and has led to bloodbath in the stock market. This is especially true as fears of the pandemic wiped out more than $5 trillion from the global stock market last week, representing the steepest slump in more than a decade.
The brutal plunge has led the central banks around the world to take measures to counter economic weakness. The Bank of Japan would provide “ample” liquidity to the country’s financial markets through short-term loans and asset purchases and the Bank of England said it would take necessary steps to fight the economic fallout of coronavirus. The People's Bank of China (PBOC) has instructed banks to help firms struggling with repayments by extending loans and not penalizing them if they are late with payments (read: Zacks Investment Research
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