More Markets Head Towards Corrections as Coronavirus Spooks Investors

More Markets Head Towards Corrections as Coronavirus Spooks Investors

Stock indexes around the world went into correction area Friday in the wake of a sharp fall on Wall Street, amid deepening concerns that the financial fallout from the international spread of the coronavirus might be more extreme than previously anticipated.

Shares in Europe continued to slide, with the Stoxx Europe 600 shedding 2.7%and the German DAX losing 3.6%.