Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
American stock indexes
World exchanges

How U.S. stock indexes behave in the midst of coronavirus spreading

02.10.2020
2 min read

How American stock indexes are affected by the coronavirus from China

The coronavirus, which is taking over more and more Chinese cities, has spread beyond the Celestial Empire. The first cases were recorded in the USA, Europe and other regions. It is logical that the consequences of this situation are observed in different segments of the world market. American stock markets have also been affected by the epidemic. At the beginning of the week they decreased by 1% on the stock exchanges, which is explained by the risk of global virus spread.
According to the current data, the DJIA index has decreased by 1.4% and is 28579 points. The index, which characterizes high-tech companies NASDAQ, fell by 1.8%, to 9145 points.
The S&P 500 index, which shows the state of affairs in the broad market, fell to 3248 points, 1.43% lower than previously recorded.
Investors are also concerned about the spread of coronavirus. The number of cases of illness in China is increasing every day, as is the number of fatalities. Despite the fact that the Chinese authorities are making every effort to stop the spread of the epidemic, it has spread outside the country. The observed trends and dynamics of the increase in cases threaten to negatively affect the global economy and slow down its growth. The main reason for the coronavirus’ impact on the global market is the uncertainty factor. It leads to the slowdown of economic processes, reduction of investment flows from both China and other countries.

American stock indexes

It is still difficult to predict how seriously the epidemic will affect the world and how it will manifest itself in the global market. Analysts from many countries are now just tracking trends to get a full picture.
The U.S. Department of Commerce cited some data. In December last year, the primary real estate market of the state showed a decline in dynamics. Sales volumes of new buildings fell by 0.4%, although according to the previously forecast, they were to increase by 1.5% compared to the previous period.
To understand how dangerous the coronavirus is to the world economy, it is necessary to analyze the number of current and future victims. After roughly calculating health care costs for treatment as well as for preventing the spread of the disease.
It should be borne in mind that not only the virus itself affects the global market, but also the correct decisions taken by countries regarding its elimination.
An analogy in this situation can be drawn with SARS or SARS, which was observed in 2002. At that time, the impact of the disease was negligible for the world economy, although 8,500 cases were reported and about a thousand people died. Now coronavirus is not so dangerous, but the increasing panic among people may also have an impact in the global sense. People are afraid to visit public places, there is a sharp drop in the tourist segment of China, and how long this state of affairs will continue is still unknown.

Tags: World exchanges
0
Previous Post BCS Global Markets analysts: oil prices may fall by the end of the year Next Post Travis Kalanick invested in a new hotel construction project

You Might Also Like

green finance in Russia
World exchanges
Green finance: prospects for Russia
06.03.2022
Independent Reserve and DBS have been licensed by MAS Singapore
World exchanges
Independent Reserve and DBS are licensed to operate in the Singapore market
04.06.2022
Trading on the London Stock Exchange
World exchanges
How trading on the London Stock Exchange will change after the agreement between the UK and the EU
29.06.2021
ZB
World exchanges
Cryptocurrency exchange ZB underwent a hacker attack
08.10.2022
shares withdrawal
World exchanges
More and more company owners prefer to withdraw their shares from stock exchanges
30.05.2021
Megogo
World exchanges
Megogo streaming service plans IPO on the Nasdaq stock exchange
23.12.2023

Popular Posts

  • Ingeborg Mootz: a woman who became a stock player at the age of 75
  • Analysts: Egypt’s economy to continue falling in 2023
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Spokesperson
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Spokesperson
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Spokesperson
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Spokesperson
16.05.2020

Popular Posts

  • Ingeborg Mootz: a woman who became a stock player at the age of 75
  • Analysts: Egypt’s economy to continue falling in 2023
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Field of activity of the American Monsanto Company Corporation
  • Spain’s economy performs best in the EU
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram

© 2024 CHASLAU KONIUKH. ALL RIGHTS RESERVED. Expert in marketing and project management, international investments, financial analyst.

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics