Coronavirus panic-selling hits world markets hard
Italy and Spain have imposed trading curbs, banning short-selling of dozens of stocks, to stem a market rout
13 March 2020 - 13:11
London — World stocks were set for their worst week since the 2008 financial crisis on Friday, with coronavirus panic-selling hitting nearly every asset class and investors fretting that central bank action may not be enough to soothe the pain.
European stock markets were slightly higher on Friday on hopes governments would step up spending, but only after several sessions of sustained, heavy losses as investors faced the possibility of a global recession that could be prolonged...
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