Nasdaq, oil drop more than 3% as coronavirus spreads – Seeking Alpha

Nasdaq, oil drop more than 3% as coronavirus spreads – Seeking Alpha

Global equities are in selloff mode as the number of new coronavirus cases flares outside China, with the disease now spreading to at least 28 countries.

Italy confirmed 150 cases of the virus over the weekend, with officials verifying at least four deaths nationwide, while those diagnosed in South Korea are nearing 800.

via Nasdaq, oil drop more than 3% as coronavirus spreads – SPDR S&P 500 Trust ETF (NYSEARCA:SPY) | Seeking Alpha