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Wall Street tumbles as virus fuels economic worry
January 27, 2020 7:49 AM ESTBy Chuck Mikolajczak
NEW YORK (Reuters) - U.S. stocks suffered their worst day in over three months on Monday as China extended the Lunar New Year holiday due to a virus outbreak, fueling worries about the economic impact of containment efforts in the world's second largest economy.
The benchmark S&P 500 suffered its worst weekly performance since September last week as China locked down several cities and curbed travel, reminding investors of the deadly SARS virus that killed nearly 800 people in 2002-03 and cost the global economy billions.
Still, some investors viewed any long-term economic... More
