Global equities slide as coronavirus spreads
Shares and oil lose ground as investors head for safety of gold amid rising number of coronavirus cases outside China
24 February 2020 - 12:37
London — Global share markets and oil fell on Monday, safe-haven gold surged and US treasury yields reached their lowest since mid-2016, as coronavirus cases spread outside China, darkening the outlook for world growth.
Europe took a beating early on, with Italy plunging more than 4% after a spike in cases of the virus left parts of the country’s industrial north in virtual lockdown. That put Milan on course for its worst day since 2016...
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