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Updated:01:19 PM EDT May 26


this is ggmania.com subsite US Stock Market Takes Dive Amid Coronavirus Concerns - TechAmok

US Stock Market Takes Dive Amid Coronavirus Concerns - [briefly]
03:20 AM EST - Feb,25 2020 - post a comment

The U.S. stock market took a major dive on Monday, February 24 amid growing concerns about the coronavirus which has been rapidly spreading outside of China. With more than 2,400 deaths from the virus and more than 78,000 cases, the markets are showing concern, according to CNBC. On Monday morning, the Dow Jones Industrial Average plunged 900 points (3.1 percent) and the S&P 500 Index dropped 100 points (3 percent). Outside of China, there are major concerns in South Korea and Italy. In South Korea, there have been more than 830 reported infections while a recent outbreak in Italy has topped 220 cases. With the virus impacting world travel that Chinese manufacturing relies on and the Chinese share of the global market, it remains to be seen just how far the markets will crash.

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