Coronavirus Forces Global Markets To Dip

Coronavirus Forces Global Markets To Dip

Traders work in the S&P options pit near the close of trading on the Cboe Global Markets trading floor on January 31, 2020 in Chicago, Illinois. Scott Olson/Getty Images/AFPAsian and European markets mostly fell Monday with investors worried over the impact of China’s coronavirus outbreak on the global economy.

The virus has killed more than 900 people, infected more than 40,000 across mainland China and spread to more than two dozen countries in what has been termed a global health emergency. The domestic impact was reflected in China’s inflation figures released Monday, which showed the highest rise in consumer prices in more than eight years, with food prices spiking more than 20 percent.

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