Stocks tumble after Trump bans travel from Europe to contain virus blow

Global shares crumbled on Thursday after U.S. President Donald Trump said the United States will suspend all travel from Europe as he unveiled measures to contain the coronavirus epidemic that has extracted a heavy human and economic toll worldwide. U.S. S&P500 futures more than 3%, a day after the S&P 500 lost 4.89%, putting the index in a bear market territory, defined as a 20% fall from a recent top. MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 2% to its lowest level since early 2019, while Japan’s Nikkei lost 3.3%. …read more

Source:: Yahoo Finance

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