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Dow plummets almost 1,000 points as spreading coronavirus fears rattle traders

All major US indexes traded down more than 2.5% in early trading on Monday following a flare-up of coronavirus fears.
Traders watch the price of X Financial, a Chinese technology personal finance company, following the company's IPO on the floor of the New York Stock Exchange (NYSE) in New York, U.S., September 19, 2018.

Investors are fleeing to the market’s safest assets as coronavirus fears mount

Global stocks have fallen as coronavirus-related deaths in Iran, Italy, and South Korea have sparked fears of a global pandemic.

Warren Buffett warns coronavirus could disrupt Berkshire Hathaway’s annual meeting, and calls Bill Gates his ‘science adviser’

The famed investor pointed out the virus is "particularly tough on old people" and there will be "two guys on the stage whose combined age is 185."
Military officers wearing face masks stand outside Duomo cathedral, closed by authorities due to a coronavirus outbreak, in Milan, Italy February 24, 2020.

Italy put 12 towns on coronavirus lockdown after 215 cases and 5 deaths made it the most-infected country outside of Asia

Italy has put at least a dozen towns into lockdown and cancelled public events as neighbouring countries consider how to stop the virus entering.

China said it would relax its lockdown of Wuhan’s 11 million residents, only to immediately reintroduce it

Wuhan announced that some people could leave the locked-down city, only to reverse the announcement hours later as the coronavirus spreads.
Xi Jinping at the Great Hall of the People, Beijing, on November 2, 2018.

China canceled the central event of its political calendar because of the coronavirus, a stark symbol of how it has lost control of the outbreak

Delaying the National People's Congress is an admission of China's struggle to control the deadly coronavirus that has killed more than 2,500 people.

Iran, Italy, and South Korea announced harsh new measures to stifle their own outbreaks of the coronavirus

New cases outside China have caused global concerns that more major regions were at risk and the outbreak could reach pandemic status.
An anti-Brexiteer poses with a cigar in Parliament Square in central London on January 31, 2020 on the day that the UK formally leaves the European Union.

Wall Street has a new slogan for why stocks keep going up as the world falls apart: ‘Nothing Matters’

Good credit is just as good as junk and stocks always go up no matter what happens. Buy the dip. Nothing matters.
Workers in protective gear assist a passenger in a face mask after she leaves the coronavirus-hit cruise ship Diamond Princess at Daikoku Pier Cruise Terminal in Yokohama, south of Tokyo, Japan February 21, 2020.

How the ‘failed’ quarantine of the Diamond Princess cruise ship started with 10 coronavirus cases and ended with more than 630

One expert said "completely inadequate" hygiene practices on the cruise ship made him "so scared" when he visited.

The coronavirus may run rampant in some countries least prepared to deal with it. If that happens experts say the virus could become endemic.

COVID-19 has been found in 30 countries, and as it continues to spread, experts told Business Insider many countries lack the capacity to contain it.