U.S. stock index futures were higher on Tuesday morning after the Dow posted its worst trading day in about three months. At around 4:20 a.m. ET, Dow futures were up by 57 points, indicating a positive open of more than 49 points. Futures on the S&P 500 and Nasdaq were also higher. Global investors have been concerned over the impact of the coronavirus on the economy, as the number of cases worldwide keeps rising. In this context, U.S. equities dropped on Monday, with the Dow falling by 1.6%, its biggest one-day drop since October. Shares of travel companies and consumer goods firms...

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Asian share markets steadied on Wednesday as investors took stock of the spread of a new strain of coronavirus from China and weighed the possible consequences of a global pandemic. Fears of contagion, particularly as millions travel for Lunar New Year festivities, knocked stocks from record levels on Tuesday as investors swapped them for safer assets. The outbreak has revived memories of the...

Tokyo stocks open lower on virus woes

Wednesday, 22 January 2020 07:52 WIB

Tokyo stocks opened slightly lower on Wednesday with investor sentiment dampened by fears over the growing spread of a new SARS -like virus. The benchmark Nikkei 225 index edged down 0.06 percent or 15.46 points to 23,849.10 in early trade while the broader Topix index was down 0.08 percent or 1.45 points at 1,733.52. Source: AFP

Hong Kong shares plunged on Tuesday after Moody's downgraded the city's credit rating, while tourism-linked firms were hit by fears over a SARS -like virus that has spread from China to other countries. The Hang Seng index tumbled 2.81 percent, or 810.58 points, to close at 27,985.33. The benchmark Shanghai Composite Index fell 1.41 percent, or 43.65 points, to 3,052.14 and the Shenzhen...

U.S. stocks closed lower Tuesday, falling short of last week's records, after the U.S. Centers for Disease Control and Prevention announced the first case of the coronavirus within the U.S., which sent jitters that originated in Asian equities rippling through Wall Street. The selloff in U.S. equities left the Dow Jones Industrial Average down 151.45 points, or 0.5%, at 29,196.6, breaking its...

European stock markets traded lower on Tuesday afternoon as the World Economic Forum (WEF) got underway in Davos, Switzerland, after concerns over a new strain of pneumonia in China hit risk assets. The pan-European Stoxx 600 pared early losses to trade just 0.14% lower to 423.38  by the closing bell. Basic resources were the worst performing stocks, falling 1.2%, while financial services...

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