Coronavirus Fuels Madness In These Sector ETFs & Stocks
Zacks Investment Research | Mar 11, 2020 11:30PM ET
The coronavirus outbreak has wreaked havoc in the global stock market over the past couple of weeks. In fact, it has transformed a booming stock market into a nightmare and has ended the longest bull market run for U.S. stocks in the history. The Dow Jones slipped into a bear market while S&P 500 and Nasdaq are on the brink of entering it.
Sluggish trading is likely to continue as the World Health Organization has declared the outbreak a pandemic for the first time. The disease has spread to 114 countries, infecting more than 118,000 people worldwide and causing over 4,100 deaths. Further, President Donald Trump has suspended all travel from Europe to the United States for 30 days beginning Mar 13 midnight, with the exception of the United Kingdom. The latest developments have deepened worries over the disease on the economy (read: Original post
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.