Italian stocks ravaged, Dow futures down over 600 points on spreading virus
European stock markets tumbled sharply on Monday, with investors gripped by worry as coronavirus cases surged outside of China — in South Korea, Iran and Italy — over the weekend.
But the losses weren’t limited to Italy. The Stoxx Europe 600 index SXXP, -3.39% fell 3.3% to 413.79. South Korea reported 161 new cases on Monday, bringing the country’s total to 763 cases, and two more deaths raising that toll to seven. Iran reported 43 cases and eight deaths. China reported 409 new cases, raising the country’s total to 77,150, along with 150 deaths.
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