Coronavirus outbreak: death toll rises to 56 as Canada confirms first case – updates










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Asian stock markets have so far taken a bit of a hit from concerns about the coronavirus.

There were some steep losses on Chinese and Hong Kong markets especially, but nothing to upset the global equilibrium so far.

The Dow Jones industrial average is only around 400 points of its all-time high of 29,369 earlier this month.

That could change on Monday when markets reopen after a weekend that has seen the outbreak worsen in China and spread to Europe and Australia.

However, Chinese markets will be closed all week for the lunar new year so will be insulated from any losses for now.

If history is any guide, and somewhat extraordinarily, global pandemics appear to have little impact on markets:

Cyber S3XY
(@dividendgrowth1)

Stock market and past pandemics: pic.twitter.com/pZnXzj7CpS


January 26, 2020

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Revised death toll now at 56

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