US stocks plunge after CDC warns US to prepare for coronavirus outbreak
The 10-year US Treasury yield falls to a record low as investors seek shelter from the virus’s impact on the outlook for growth
25 February 2020 - 23:04
New York — US stocks plunged to an 11-week low and bond yields fell to records on rising concern the coronavirus will upend global supply chains critical to economic growth.
The S&P 500’s four-day rout topped 7%, with losses accelerating on Tuesday after the US Centers for Disease Control and Prevention (CDC) warned Americans to prepare for a coronavirus outbreak at home...
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