World stocks slide on signs virus outbreak is spreading

Global stock markets fell Thursday on concerns that the coronavirus was spreading to more countries, putting further strain on businesses…

Global stock markets fell Thursday on concerns that the coronavirus was spreading to more countries, putting further strain on businesses and supply chains across the world.

In Europe, where new cases were being reported, Germany’s DAX lost 2.2% to 12,496 and the CAC 40 in Paris dropped 2.3% to 5,555. In London, the FTSE 100 lost 1.9% to 6,907. The future for the Dow Jones Industrial Average fell 1% and the future contract for the S&P 500 was 0.9% lower.

Traders are concerned the global economy could stumble as major industrial countries struggles to contain the outbreak.

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