On Wednesday, the World Health Organisation officially declared COVID-19 a pandemic. Markets recorded both record losses and record gains as the U.S. confronted the outbreak, with the S&P 500 dropping 8.8% overall for the week.
Tag: Market Spice
Market Spice: Week of February 24th, 2020
Global markets suffered dramatically over the course of the week as traders assessed the potential damage caused by the COVID-19 outbreak. On Thursday, a spokesperson from the International Monetary Fund warned that it was likely to downgrade its forecasts from global growth.
Market Spice: Week of February 10th
Week of February 10th, 2020 Delany Higgins Asia In China, the CSI 300 and Shanghai Composite Indexes rose moderately, while Japan’s Nikkei 225 closed slightly down. Due to new measurement techniques, China announced over 14,800 additional cases of COVID-19, though the rate of spread appeared to be decreasing. China-U.S. relations faltered again after last week’s…