Reuters
- Growing fears of Wuhan coronavirus escalating into a global pandemic hammered stocks on Monday.
- The flu-like illness has caused deaths in Iran, Italy, and South Korea in recent days.
- In total it has infected more than 77,000 people, killed about 2,400, and spread to more than 25 countries.
- "Any investors who thought they could park their investments in the US or Europe to shield them from coronavirus concerns will have to think twice," one analyst said.
- Visit Business Insider's homepage for more stories.
Global stocks dived on Monday as investors braced for Wuhan coronavirus to become a global pandemic.
The flu-like illness — which causes a disease called COVID-19 — has infected more than 77,000 people, killed about 2,400, and spread to more than 25 countries. The vast majority of the deaths have been in mainland China, but Iran, Italy, and South Korea have all reported fatalities in recent days, sparking fears that coronavirus will spread across the world and hinder global growth.
See the rest of the story at Business Insider
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