Here’s how long stock market corrections last and how bad they can get

Feb 28, 2020

CNBC | PUBLISHED THU, FEB 27 2020 10:43 AM EST UPDATED 5 HOURS AGO The U.S. stock market fell into a correction Thursday as investors punished equities in favor of safer assets as anxiety over the spread and potential impact of the virulent coronavirus. A correction...

Dow plunges 1,100 points, bringing its decline from a record high to more than 10%

Feb 28, 2020

CNBC | PUBLISHED WED, FEB 26 2020 6:01 PM EST UPDATED 4 HOURS AGO Stocks fell sharply in volatile trading Thursday as investors worried the coronavirus may be spreading in the U.S. A slew of corporate and analyst warnings on the virus dragged down the major averages,...

Trump puts Mike Pence in charge of response to coronavirus, says US risk ‘remains very low’

Feb 28, 2020

CNBC | PUBLISHED WED, FEB 26 2020 6:43 PM EST UPDATED THU, FEB 27 2020 9:31 AM EST Vice President Mike Pence will be put in charge of the U.S. response to the deadly coronavirus outbreak, President Donald Trump announced Wednesday in an address from the White House....

Japan shares drop beyond 2% as South Korea central bank keeps rate unchanged

Feb 28, 2020

CNBC | PUBLISHED WED, FEB 26 2020 6:45 PM EST UPDATED THU, FEB 27 2020 2:45 AM EST Major Asia Pacific markets were mixed on Thursday as investors remained cautious over the fast-spreading new coronavirus that has infected more than 81,000 people and killed over 2,700....

Coronavirus: South Korea reports record daily spike, Japan to close all schools

Feb 28, 2020

CNBC | PUBLISHED WED, FEB 26 2020 7:11 PM EST UPDATED THU, FEB 27 2020 9:02 AM EST All times below are in Beijing time. 7:35 pm: China’s central bank ‘very worried’ about coronavirus’ impact on global economy “International organizations are worried about the negative...