Europe and US stocks plunge as virus fear grips markets
Frankfurt and Paris both fall more than 4% and London’s FTSE drops nearly 4%, wiping at least $400bn off the region’s market value in hours
24 February 2020 - 18:27
London — European shares suffered their biggest slump since mid-2016 on Monday and oil plunged almost 5%, as a jump in coronavirus cases in Italy, South Korea, Japan and Iran sent investors scrambling to the security of gold and government bonds.
Wall Street dived about 3% after it opened as the strong sell-off spread...
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