The Coronavirus Stock Market Rollercoaster Isnt Stopping Anytime Soon
It may get a lot worse before it gets any better. Sales of face masks, hand sanitizer, and disinfectant may be spiking worldwide due to the cascading spread of 346 companies set to announce earnings results from 2019s fourth quarter on Friday; more than 1100 were expected to release quarterly earnings reports the first week of March. Any additional news of lower-than-expected sales, production, inventory, or profits will also drag down stock prices and related indexes. In the years after the car parts, computers, chemicals, clothing, plastic components and even…
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