Markets eye Wuhan developments amid earnings, data releases
INVESTORS will need reassurances from the US Federal Reserve and technology companies this week to get them through the coronavirus scare.
US stocks fell last week after the spread of the viral illness in China, and developments this week could determine whether the coronavirus scare has a fleeting or lasting effect on the stock market.
As ever, Fed chairman Jerome Powell holds the stock market in the palm of his hand, and the statement from the central bank this week could either compound the virus fears or wipe them from investors' minds.
The Standard & Poor's 500 had its biggest l…
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Capital Markets & Currencies
Asia: Markets rise as traders consider US rate outlook
China reiterates need for steady yuan amid fragile confidence
Singapore shares climb at Thursday’s open; STI up 0.3%
Stocks to watch: CDL, DFI Retail Group, Cordlife, First Resources
US: Wall Street slips as dour earnings, chip stocks weigh
Europe: Adidas, LVMH steer shares higher on earnings relief