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The latest market updates are brought to you by Investment Managers & Analysts at Wealth at Work Limited which is a member of the Wealth at Work group of companies.
Week ending 28th February 2020.
2nd March 2020
As the coronavirus spread beyond Asia, the sell-off in equity markets did as well, with the FTSE-100 falling just over 11% during the week, while in the US, the Dow Jones fell over 12.36% and the S&P 500 nearly 11.5% - the most since 2008.
Week ending 21st February 2020.
24th February 2020
Apple this week warned that production and Chinese demand will miss its targets due to the coronavirus outbreak.
Week ending 14th February 2020.
17th February 2020
Most of the major equity markets extended last week’s rally, on hopes that the coronavirus outbreak is losing momentum.
Week ending 7th February 2020.
10th February 2020
Global equity markets rallied strongly this week on hopes that China is succeeding in containing the spread of the coronavirus and as a result the outbreak won’t significantly affect the global economy.
Week ending 31st January 2020.
3rd February 2020
Rising fears about the economic impact of coronavirus hurt global equity markets this week. China’s equity market ended up being closed all week as the Lunar New Year holiday was extended because of the coronavirus – no doubt Monday (3 February 2020) could look ugly as they play catch-up.
Week ending 24th January 2020.
27th January 2020
Global equity markets fell this week on concerns China’s coronavirus could turn into a global pandemic and damage global growth.