Uncertainty persists in financial markets as virus cases mount

Mon, 30 Mar 2020

Investors are likely to remain highly nervous despite massive government support packages as the worldwide number of coronavirus cases and deaths continue to rise. US stock markets ended in the red on Friday with the S&P 500 down 3.4 percent, the Dow Jones Industrial Average down 4.1 percent and the Nasdaq down 3.8 percent. That followed New Zealand's NZX snapping a three-day rally on Friday as the impact of the national shutdown became increasingly apparent. New Zealand now has 514 confirmed and probable cases and its first death....

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