coronavirus news

coronavirus update

Coronavirus News Updates

Here is an update on the current Coronavirus events as of March 12, 2020. It’s official: World Health Organization declares the coronavirus outbreak a global pandemic. Overnight the S&P 500 index futures were halted at 5% locked limit down.  Today the stock market was halted for 15 minutes as it hit a circuit breaker after …

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coronavirus news

Why the Coronavirus Dropped the Stock Market

Why did the Coronavirus drop the stock market so fast? The stock market is a forward looking investment mechanism and is always pricing in the future earnings expectations today. The Coronavirus is a highly contagious and dangerous illness that has already caused the quarantine of Chinese cities, Italian towns, cruise ships, and travellers returning home …

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