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Global Stocks Dive As Fears Grow of a Coronavirus Pandemic

Global Stocks Dive As Fears Grow of a Coronavirus Pandemic

  • Growing fears that the novel coronavirus may escalate into a global pandemic hammered stocks on Monday.
  • The flu-like illness known as COVID-19 has caused deaths in Iran, Italy, and South Korea in recent days.
  • In total it has infected more than 77,000 people, killed about 2,400, and spread to more than 25 countries.
  • “Any investors who thought they could park their investments in the US or Europe to shield them from coronavirus concerns will have to think twice,” one analyst said.
  • Visit Business Insider’s homepage for more stories.

Global stocks dived Monday as investors braced for the novel coronavirus to…

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