Healthy Technicals Support Near Term Equity Prices, Raymond James

Capital Group CEO Tim Armour on weathering the coronavirus

Rising fears over the continued spread of the coronavirus have led to a sharp stock market decline as investors grapple with its impact on the global economy. On Monday, March 9, in reaction to news of the virus spread and the recent oil shock, Standard & Poor’s 500 Composite Index fell 7.6%, triggering a 15-minute trading halt.

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