Coronavirus continues to be the main market theme with the death toll rising to above 80 over the weekend. Risky assets like stocks and oil launched the week with massive declines. Nikkei (JAP225) is trading 2% lower while WTI (OIL.WTI) takes a 2.3% dive.
Nikkei takes a major hit at the beginning of the week as the virus death toll continues to rise. Source: xStation5
Daily summary: Trump’s remarks give Wall Street some hope🗽 Oil hovers around $100
📈 US500 attempts a rebound
Wall Street under pressure again 📉IT stocks fall, oil & gas sector surge
🚩Nasdaq loses again as oil and treasuries yields rebound