China Deaths Top 3,100; Financial Markets Rattled: Virus Update

(Bloomberg) — The coronavirus has spread to about half of the world’s countries, with infections in Italy eclipsing those in South Korea.Asian equities plunged with U.S. stock index futures and 10-year Treasury yields tumbled as investors kicked off the week with an extreme bout of risk aversion.Global fatalities from the coronavirus reached 3,800 as China reported 22 new deaths, while total cases surpassed 108,000.In the U.S., the State Department warned U.S. travelers with health problems should avoid cruise ships. New York City wants residents to walk or bicycle to work to avoid crowded rush-hour subways.Key Developments:Cases surpass 108,000 worldwide; deaths …read more

Source:: Yahoo Finance

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