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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.
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.
Several DJs livestreaming their sets on Douyin, China's version of TikTok.

Clubbers in China are going to ‘cloud raves’ on TikTok because coronavirus quarantines mean they can’t party for real — here&#...

Millions of people stuck at home during the coronavirus outbreak are livestreaming DJ sets on Douyin, China's version of TikTok.
Berkshire Hathaway chairman Warren Buffett gestures at the start of a 5km race.

Warren Buffett is cheering the current selloff, saying investors ‘should want the stock market to go down’

"That's good for us actually," the Berkshire Hathaway CEO commented on stocks falling in response to coronavirus.

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.

Global stocks tank as investors brace for a coronavirus pandemic

The flu-like illness has now killed people in Italy, Iran, and South Korea, fanning fears it will hinder the global economy.
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.
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.