US and global stocks fall further on accelerating coronavirus concerns


Traders work on the floor at the New York Stock Exchange (NYSE) in New York, yesterday. - Reuters

NEW YORK:Stocks and oil prices tumbled again on Tuesday and the benchmark U.S. debt yield hit a record low on growing concern about the effects of the spread of coronavirus on the global economy.

The market sell-off followed the largest losses in stocks in over two years on Monday and accelerated after the U.S. Centers for Disease Control and Prevention said Americans should begin to prepare for community spread of the disease.

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Covid-19 , Wall Street , fears

   

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