The value of U.S. Stock Indexes and Virus Outbreak

Ongoing coronavirus outbreak continues to dominate the headlines. It is not surprising that the outbreak created additional pressure on the stock indexes.

For example, The S&P 500 lost $1.737 trillion of its value during its two-day market sell-off. On Monday, the equity benchmark lost $927 billion in value. Moreover, the following day the S&P 500 lost $810 billion in value.

U.S. markets declined for the second day in a row.

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