(Bloomberg) – Shares fell and bonds recovered due to growing concerns about the spread of the coronavirus and that it would curb global economic growth.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The S&P 500 Index (^ GSPC) erased its 2020 profit and the Dow Jones Industrial Average (^ DJI) fell more than 600 points due to nervousness of operators on the impact of the disease that has already infected about 10,000 people worldwide. An indicator of US stock volatility It shot at a maximum of almost four months. Caterpillar (CAT) It fell because its forecast did not level the estimates, which raised concerns about global commercial spending. Amazon shot up after an explosive quarter. The 30-year Treasury bond yields exceeded 2% for the first time since October. “Data-reactid =” 32 “> The S&P 500 Index (^ GSPC) erased its 2020 profit and the Dow Jones Industrial Average (^ DJI ) fell more than 600 points due to nervousness of operators about the impact of the disease that has already infected some 10,000 people worldwide An indicator of US stock volatility soared to a maximum of almost four months. Caterpillar (CAT) fell as its forecast did not level estimates, which raised concerns about global commercial spending, Amazon soared after an explosive quarter, 30-year Treasury bond yields exceeded 2% for the first time since October .
Investors in China will have their first opportunity to operate from January 23 as financial markets open again on Monday. For stocks, falls are likely to be exacerbated by the amount of leverage in the market. That could create a downward spiral where abrupt losses become more pronounced by operators facing margins. As an example of how extreme sales can be, the Shanghai benchmark fell almost 6% in May, when it resumed operations after a holiday break that closed with negatives on the trade war. For all the anguish at the viral outbreak this week, the yuan abroad fell beyond the key level of 7.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The last week of January was tumultuous in the markets worldwide, as a barrage of corporate profits, central bank decisions and economic data were obscured by the growing shadow of the epidemic. The outbreak will cut US economic growth. at 0.4 percentage points in the first quarter as the number of tourists from China falls and exports to the Asian nation decrease, according to Goldman Sachs. Even so, a report showed that consumer confidence increased in January to a maximum of eight months, indicating sustained optimism against the coronavirus. “Data-reactid =” 34 “> The last week of January was tumultuous in the markets globally, as a barrage of corporate profits, central bank decisions and economic data were overwhelmed by the growing shadow of the epidemic, the outbreak will cut US economic growth by 0.4 percentage points in the first quarter as that the number of tourists from China falls and exports to the Asian nation decline, according to Goldman Sachs. Still, a report showed that consumer confidence increased in January to a maximum of eight months, indicating sustained optimism against the coronavirus
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The graph shows the percentage of monthly rise or fall of the S&P 500 index. It is seen that the month of January 2020 was the worst since last August. Bloomberg
US stocks registered their worst month since August; the S&P 500 fell more than 3% from its all-time high on January 17.
<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Elsewhere, the Petroleum It was unstable as the coronavirus raised concerns that the demand for transport fuels would be reduced. Earlier on Friday, oil recovered briefly on the news that OPEC and its allies considered how to respond to a drop in prices. Copper recorded a losing 13-day losing streak. Shares of emerging markets receded for the seventh day. The Brazilian real fell to a historic low. The pound ended a tumultuous month with a high note in the middle of Britain’s exit from the European Union. “data-reactid =” 56 “> In other places, oil was unstable as the coronavirus raised concerns that demand for Transportation fuels would be reduced Earlier on Friday, crude oil recovered briefly on the news that OPEC and its allies considered how to respond to a drop in prices Copper registered a losing 13-day losing streak. emerging markets declined for the seventh day, the Brazilian real fell to a record low The pound ended a tumultuous month with a high note in the middle of Britain’s departure from the European Union.
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