Investors prepare for more market swings as virus spreads in the U.S.

Overwhelmingly, caution remains the watchword for investors and analysts reeling from a week that saw all three U.S. exchanges confirm bear markets, oil prices plummet to multiyear lows and wild fluctuations in bond yields and currencies. Investors still have little clarity on the possible trajectory of the coronavirus outbreak in the United States, the effectiveness of the government response and the eventual damage the virus will cause to the nation’s economy and individual companies. The White House on Saturday said it would extend a travel ban to include the United Kingdom and Ireland, a move that could further …read more

Source:: Yahoo Finance

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