Germany Quarantines 1,000; Switzerland Bans Events: Virus Update

(Bloomberg) — Germany quarantined about 1,000 people, Switzerland banned big events, while Britain and Netherlands reported new cases. South Korea revealed 571 more coronavirus infections and Nigeria, Africa’s most populous country, confirmed the first infection south of the Sahara desert.Equity markets tumbled in Asia and Europe and U.S. futures weakened, while yields on Treasuries maturing in two and five years slid to the lowest level since 2016. Brent crude dipped below $50 a barrel for the first time since December 2018.Key DevelopmentsConfirmed cases worldwide pass 83,000; deaths top 2,800JPMorgan joins rush to curb global travel as virus spreadsLimited virus testing …read more

Source:: Yahoo Finance

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