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Markets plummet after Trump imposes new coronavirus travel ban

Editor CBS News March 13, 2020

Public events are being canceled. Travel bans are in place. And schools are closing worldwide as authorities race to combat and contain the global coronavirus outbreak.

The pandemic is taking a toll on the markets. They plunged again Thursday and trading came to a halt after President Trump announced his decision to ban non-U.S. citizens who have recently been in many European nations from entering the United States for a month.

It’s an unprecedented attempt to stop the spread of the new virus, which has infected more than 100,000 people.

“To keep new cases from entering our shores, we will be suspending all travel from Europe to the United States for the next 30 days,” Mr. Trump said in a brief, rare address to the nation …continued .
[Source: CBS News]

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‹ Massive Shock and Battered Airline Stocks in Europe With Trump’s Travel Ban › Donald Trump declares national emergency over coronavirus pandemic live
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  • Answers to 9 crucial questions about the coronavirus variants spreading around the worldAnswers to 9 crucial questions about the coronavirus variants spreading around the world
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