NEW YORK (Reuters) – Large world stock indexes fell on Friday as investors assessed further on the economic outbreak of China's coronavirus disease, while oil prices registered a rise. first weekly since early January.
FILE PHOTO: Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, USA, February 6, 2020. REUTERS / Lucas Jackson
Chinese health authorities reported more than 5,000 new coronavirus infections on Friday.
Investors can be sure to keep an eye on the spread of coronavirus and where it spreads. This is still the biggest risk in the future, said Robert Pavlik, senior investment strategist and portfolio manager at SlateStone Wealth LLC in New York.
A recent Reuters poll found that the world's second-largest economy will grow at the slowest pace since the financial crisis in the current quarter, but the recession will be short-lived if outbreak.
Some investors said they thought the economic impact of the outbreak would not be as profound as fear, with some also noting that the spread beyond China was not as fast as fear.
(Graphics: Stock performance vs reported coronavirus cases – here(6) .png)
MSCI's global stock index .MIWD00000PUS decreased by 0.09%.
Dow Jones industrial average .DJI decreased 93.87 points, equivalent to 0.32%, to 29,329.44, S&P 500 .SPX losing 1.74 points, or 0.05%, to 3,372.2 and Nasdaq Composite .IXIC decreased by 0.71 points, equivalent to 0.01%, to …
. (tagsToTransTable) US (t) GLOBAL (t) MARKET (t) Hong Kong (t) Gold (t) Japan (t) Western Europe (t) Crude oil (t) Market report (t) China ( PRC) (t)) Currency / Forex Market (t) Asia / Pacific (t) Headline News (t) Graphic (t) Stock market (t) Europe (t) News goods (3rd party) (t) Report (t) Emerging market countries (t) United States