Dow Dives 2,999 Points On Fears Virus Will Cause Recession
The Dow industrials took a 2,999-point nosedive on Monday as fears deepen that the coronavirus outbreak will throw global economy into recession.
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The Dow industrials took a 2,999-point nosedive on Monday as fears deepen that the coronavirus outbreak will throw global economy into recession.
The escalating coronavirus emergency sent the stock market Thursday into its worst slide since the Black Monday crash of 1987, extending a sell-off that has now wiped out most of Wall Streetβs big gains since President Donald Trump took office.
World Health Organization declares COVID-19 outbreak a pandemic.
Italian Premier Giuseppe Conte says travel restrictions and other strict public health measures will be imposed nationwide starting Tuesday to try to stop the spread of the new coronavirus.
Stocks went into a steep slide Monday on Wall Street as a combination of coronavirus fears and a crash in oil prices spread alarm through the market, triggering the first automatic halt in trading in over two decades to let investors catch their breath.
A clash of two oil titans - Saudi Arabia and Russia - is sending shock waves through energy markets, with wide-ranging implications for consumers and oil companies, including those in the No. 1 producing country, the United States.
Italy took a page from Chinaβs playbook Sunday, locking down around 16 million people β more than a quarter of its population β for nearly a month to halt the relentless march of the new coronavirus across Europe.
At least four killed, dozens other rescued following collapse of a China hotel.
Officials in California were deciding Saturday where to dock a cruise ship with 21 coronavirus cases aboard and four U.S. universities canceled in-person classes, as Western countries imitate China by imposing travel controls and shutting down public events to contain the outbreak.
Crossing more borders, the new coronavirus hit a milestone Friday, infecting more than 100,000 people worldwide as it wove itself deeper into the daily lives of millions, infecting the powerful, the unprotected poor and vast masses in between.
The release of the James Bond film βNo Time To Dieβ has been pushed back several months because of global concerns about coronavirus.
British authorities laid out plans Tuesday to confront a COVID-19 epidemic, saying that the new coronavirus could spread within weeks from a few dozen confirmed cases to millions of infections. Officials hope the most drastic measures wonβt be needed. Britain may not be able to stop the virus, but it has one vital advantage in fighting it: a head start.
The United States signed a peace agreement with Taliban militants on Saturday aimed at bringing an end to 18 years of bloodshed in Afghanistan and allowing U.S. troops to return home from Americaβs longest war.
Schools across the United States are canceling trips abroad, preparing online lessons and even rethinking βperfect attendanceβ awards as they brace for the possibility that the new coronavirus could begin spreading in their communities.
President Donald Trump declared Wednesday that the U.S. is βvery, very readyβ for whatever the coronavirus threat brings, and he put his vice president in charge of overseeing the nationβs response.
This little baby was less than impressed after she was born via C-section in Rio de Janeiro, Brazil.
A fashion designer is dividing opinion with some very unique, extra-wide inflatable latex trousers!
Paramount Pictures on Monday halted production on the seventh βMission: Impossibleβ film due to the new virus, as Hollywood began to more drastically adapt to the growing global outbreak.
The Center for Disease Control and Prevention announced Tuesday that they expect the Coronavirus to spread in the United States.Β
President Donald Trump said Sunday heβs ready to sign a peace deal with the Taliban in Afghanistan if a temporary truce holds in Americaβs longest war. βTime to come home,β he said.
