|Day's Range||2,943.72 - 3,016.95|
|52 Week Range||2,685.27 - 3,288.45|
Shares were mostly lower in Asia on Tuesday after Wall Street suffered its worst session in two years, with the Dow Jones Industrial Average slumping more than 1,000 points on fears that a viral outbreak that began in China will weaken the world economy.
Stocks tumbled around the world Monday as the spread of the coronavirus beyond China halts activity in countries including Italy and South Korea.
Shares skidded in Asia on Monday after reports of a surge in new virus cases outside China. The decline followed a sell-off Friday on Wall Street.
U.S. stocks slumped Friday, ending a two week win streak, as the spread of the COVID-19 epidemic from China to neighboring countries amplified worries about the impact on supply chains and global economic growth.
Asian stock markets followed Wall Street lower Friday after a spike in new virus cases in South Korea refueled investor anxiety about China’s disease outbreak.
Asian markets gained in early trading Wednesday, after Japan posted better-than-expected export data and as many manufacturing facilities in China restarted following en extended shutdown due to the coronavirus outbreak.
Asia stocks fell Tuesday even as the coronavirus outbreak appeared to be slowing. Economists were predicting a hit to growth in Asia regardless of the improvement in the fight against the virus.
European stocks advanced on Monday, edging higher as China took further steps to limit the fallout from the coronavirus halting activity in the world’s second-biggest economy.
Markets were mixed in Asia on Monday, with Japan’s benchmark slipping after the government reported the economy contracted 6.3% in annual terms in the last quarter. China’s shares got a boost after the central bank stepped in to help the economy with a rate cut, extra buying of securities and tax cuts.
Asian shares mostly fell Friday as investors turned cautious following a surge in cases of a new virus in China that threatens to crimp economic growth and hurt businesses worldwide.
Asian markets rose in early trading Tuesday as investors weighed the latest developments in the coronavirus outbreak and waited for an expected new round of economic stimulus measures by China.
Asian stock markets slid Monday after China reported an uptick in new cases of its virus outbreak and analysts warned optimism the disease is under control might be premature.
The coronavirus outbreak has infected more than 31,000 people in China and has led to multiple lockdowns of cities, travel restrictions, store closures, and manufacture disruption. The S&P 500 dropped 3% in the two weeks after Jan.17, when the coronavirus outbreak started hitting major headlines. China’s Shanghai Composite index plunged nearly 8% on Monday—the first trading day after the country’s extended Lunar New Year holiday—but climbed up in the following sessions to recoup nearly half of the losses.
Every day brings new concerns about the impact of the coronavirus, but the stock market seems to be saying that everything is great.
Asian shares rose Wednesday on optimism that China’s latest actions may help curtail some of the expected economic damage from the virus outbreak.