Markets around the world are feeling the coronavirus chill
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January 26, 2020
NEW YORK (AP) — Stocks around the world fell this week on worries that a new type of virus in China may ultimately hit profits for companies from Wuhan to Washington. The World Health Organization has held off on calling the outbreak a global health emergency but says it may become one.
The virus has killed more than two dozen people and infected more than 800, with the epicenter in the city of Wuhan in central China. The virus can transmit from human to human, which increases its potential spread.
WHY ARE INVESTORS WORRIED?
Past outbreaks of disease have caused sharp losses for stocks, at lea...
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