You are here


Global economy could catch cold from China's virus problems

More volatility in US stocks seen as Powell testifies to Congress about growth threat stemming from coronavirus

Strategists warn that Tesla's stock chart is beginning to resemble that of the great speculative bitcoin bubble as the electric-car maker's shares more than quintupled since lows last summer.

US stocks surged last week as fears of a global pandemic from the novel coronavirus eased slightly, but there is a good chance of more volatility this week as US Federal Reserve chairman Jerome Powell testifies to Congress about the economic threat stemming from the virus.

The weekly...