Stocks endured a volatile week last week.
The S&P 500 rose 0.6 percent but fell on three days by at least 1.7 percent that were offset by two days of gains of over 4 percent.
Markets fell as the COVID-19 coronavirus outbreak continued to spread globally, having now killed nearly 3,792 people and infected more than 109,000 in 99 countries and territories.
Italy now has the highest number of confirmed cases and deaths from the coronavirus outside China. On Sunday, the death count in Italy nearly tripled from 133 to 366 and infections rose by a single-day record of 1,492 to hit 7,375.
Iran reported 49 new deaths, its highest toll for a single 24-hour period, taking the number of fatalities there to 194. The number of confirmed cases is 6,566.
China, though, reported just 44 new cases, the lowest in weeks.
No comments:
Post a Comment