KEY POINTS
- The death toll rose to 81, according to Chinese officials, with more than 2,860 people now infected.
- A fifth case in the U.S. has now been confirmed and the virus has been detected in Singapore, South Korea, Australia, Canada, France, Japan, Malaysia and Vietnam.
- The flight from risk comes amid concerns about a possible economic fallout from the virus, with experts recalling the impact of the SARS crisis in 2003.
- Europe’s Stoxx 600 fell by more than 2%, while in the U.S., the Dow dropped 500 points at the open on Wall Street.
WATCH NOW
Investors worldwide have been spooked by the rapid spread of the Chinese coronavirus, with stock markets around the globe sharply lower on Monday.
The death toll rose to 81 as of early Monday, according to Chinese officials, with more than…
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