Reliance Trading Co. Limited – U.S. Market fall as Covid19 continuously spreading worldwide

This was very huge issue on the U.S. Stock Market as it fells significantly because of the Covid19 cases continuously spreading around the world.
By: Reliance Trading Co. Limited
 
WAN CHAI, Hong Kong - March 17, 2020 - PRLog -- his was very huge issue on the U.S. Stock Market as it fells significantly because of the Covid19 cases continuously spreading around the world.  Stocks are approaching for their worst week since the financial crisis in year 2008. The Dow Jones dropped nearly 1,200 points in the worst 1 day drop for the stock market since 2011 while the S&P 500 plunged 12%

"Corona virus (Covid19) is a virus affecting the respiratory organs and is quite similar to SARs (Severe Acute Respiratory Syndrome) a virus that spread last 2002 which killed more or less 800 people and triggered economic crash on that same year."

After the Covid19 outbreak almost all of the Chinese people and foreigners across the region of Wuhan have evacuated and flights in and out China have been canceled. Accordingly, thousands of people have already died and thousand more are yet to be under monitored. It's very alarming because the virus has been spreading worldwide.

We believed that Covid19 will be contained any time soon, as government from different countries has already started precautionary measures to stop the spreading and treat those who are infected. And as the virus goes down, market will fly up again and those who patiently hold their shares firmly will persevere.

Let Reliance Trading Co Limited (https://www.reliancetradingco.com) help you start your investing journey, contact us and meet our professionally trained fund managers.

Contact
Reliance Trading Co. Limited
***@reliancetradingco.com
End
Email:***@reliancetradingco.com
Posted By:***@reliancetradingco.com Email Verified
Tags:Reliance Trading Co. Limited
Industry:Finance
Location:Wan Chai - Hong Kong Island - Hong Kong
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Reliance Trading Co. News
Trending
Most Viewed
Daily News



Like PRLog?
9K2K1K
Click to Share