Stock market information live: Stocks, yields drop on new coronavirus fears; NY says 11 new cases discovered
U.S. airline stocks sank shortly after market open Thursday, with fears over the coronavirus lowering demand for flights and disrupting airlines’ flight schedules globally. In a new report, the International Air Transport Association mentioned airlines could lose as much as $113 billion in income worldwide in 2020, relying on the extent of the outbreak.
An $8.3 billion emergency funding bundle to fight the coronavirus outbreak passed overwhelmingly in both the House of Representatives and the Senate. Yahoo! Finance’s Jessica Smith joins The Final Round stay from Washington, D.C.
U.S. shares tumbled on Thursday, with shares of banks and travel companies taking a beating, as a brand new wave of fear about the unfold of the coronavirus and its financial impact gripped buyers simply at some point after election results powered a rally. Global buyers are taking advantage of shopping for opportunities ahead of policymakers seeking to take more coordinated action … Read More