Friday 14 February 2020

Markets fall as coronavirus cases spike

Markets mostly fell on Thursday.

The S&P 500 fell 0.2 percent and the Shanghai Composite fell 0.7 percent while the STOXX Europe 600 was flat.

Markets fell as the coronavirus outbreak in China continued to wreak havoc in the country, with 254 new deaths and a spike in new cases of 15,152, although the latter was partly due to a change in method in counting infections.

Meanwhile, Vietnam reported that a commune of 10,000 residents northwest of the capital Hanoi was put in lockdown due to a cluster of cases there.

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