The Chinese indices (CHNComp, HKComp) plummeted by 2.5% and markets in Japan and Korea slid by around 1% on news of coronavirus spread in China and also out to Japan and Thailand. While there have been 4 confirmed victims thus far, authorities say virus spreads by human contact and thus can be very contagious. The WTO proposed international emergency to stop the virus from spreading. It remains to be seen how lasting this impact will be, but the CHNComp slid 5% over 2 days and tests the key 11k support. There’s also a very clear evening star formation on KOSP200.

BREAKING: Iran and US are back at the negotiation table?! Oil takes a step back, stocks tick up!
Daily Wrap: Technology Leads Wall Street Higher. Markets Shrug Off US–Iran Tensions
US Open: Wall Street rebounds as AI and semiconductors overshadow Iran concerns
Everything You Need to Know About the Upcoming Earnings Season⏰