The stock markets have been see-sawing wickedly in recent sessions. The Dow Jones average has seen several daily swings of 1,000 points or more. Fears about the COVID-19 epidemic lie behind the increased volatility; the spread of the virus has shut down factories, slowed supply chains, and reduced consumer spending as governments have instituted quarantines and travel restrictions to combat the disease. While there are hints that workers in southeastern China are beginning to return to the factories, it is clear that the epidemic – now officially a pandemic – has not yet peaked.Wall Street is nervous, and even anticipated …read more
Source:: Yahoo Finance
