Commodities Fall Alongside Global Stocks With Coronavirus Spreading - News Summed Up

Commodities Fall Alongside Global Stocks With Coronavirus Spreading


Commodities from oil to copper extended a recent slide Thursday with a deadly virus spreading and disrupting travel in China, the latest sign that investors are bracing for a hit to economic growth in the world’s largest consumer of raw materials. Thursday’s drops for commodities came in lockstep with declines in global stocks after two more Chinese cities were put on lockdown by the government on Thursday. Authorities in the Chinese gambling center of Macau also said they were weighing closures of its casinos, another possible...


Source: Wall Street Journal January 23, 2020 16:53 UTC



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