Inverse ETFs That Gained More Than 20% In January
Zacks Investment Research | Feb 02, 2020 10:10PM ET
After scaling new highs to start the year on the initial U.S.-China trade deal, Wall Street is badly shaken by the fast-spreading coronavirus that has led to fears of a worldwide pandemic. Notably, the Dow Jones and the S&P 500 erased gains made early in the year, shedding 1% and 0.2%, respectively.
The latest study from China’s National Health Commission shows that at least 213 people have died and about 9,700 have been affected. President Donald Trump has declared a public health emergency over the coronavirus outbreak, ordering up to 14 days of quarantine for citizens returning from China’s Hubei province and denying entry to some foreigners. This has resulted in travel disruptions and the suspension of flights to China (read: Zacks Investment Research
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