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Here’s why the coronavirus market sell-off is happening now

From cnbc.com

{video} The U.S. stock market’s sharp sell-off on Monday came after coronavirus cases increased outside of China, but there were several other factors that may have helped send stocks downward. The Dow Jones Industrial Average and the S&P 500 both fell more than 3% on the day, with travel stocks and those with heavy reliance on supply chains in China and South Korea, such as Apple, falling more than the broader market. Strategists and technical analysts pointed to other signals in the market that helped fuel a sell-off that the outbreak had failed to trigger so far. Technical indicators A lack of market breadth is ... (full story)

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  • Category: Fundamental Analysis