VIRUS OUTBREAK

Virus-hit global financial markets in turmoil; recession odds grow

Wed, Mar 18, 2020 - 5:50 AM

US stocks sought to bounce back from Wall Street's worst day since 1987, Treasuries slipped and stresses appeared in the short-term funding and front-edit credit markets.

PHOTO: AFP

New York

VOLATILITY continued to roil global financial markets as investors struggle to adjust to an unprecedented upheaval in social interactions that looks set to plunge the world into recession.

US stocks sought to bounce back from Wall Street's worst day since 1987, Treasuries...

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