Coronavirus crash wipes $5 trillion off world stocks | Reuters


Coronavirus panic sent world share markets skidding again on Friday, compounding their worst crash since the 2008 global financial crisis and pushing the week’s wipeout in value terms to $5 trillion.

The rout showed no signs of slowing as Europe’s main markets slumped 3-5% and the ongoing dive for safety sent yields on U.S. government bonds, seen as probably the securest asset in the world, to fresh record lows. [GVD/EUR]

Source: Coronavirus crash wipes $5 trillion off world stocks – Reuters

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