3:43 PM · 27 February 2020

BREAKING: Full-blown panic on the markets

The US open did not stop the fear among investors – instead the sell-off only accelerated. Even the good news seem to be bad as the Best Buy CEO (the company showed good quarterly results) said very few Chinese factories were operating at the full capacity. US indices are down 3% today, extending the decline above 10% from the highs and DE30 loses 2.9% after crushing the 12465 support. Some markets are down even more, lead by the Polish W20 (-5.4%!). It looks like investors need to see the virus spread stop to calm down.

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