3 Things Investors Should Remember as Coronavirus Tanks the Market
It's hard to ignore the daily headlines about the coronavirus outbreak, with the disease now officially called COVID-19. The latest dour news reports the virus now has a foothold in South Korea, Iran, and Italy, and the most recent count is staggering. According to the World Health Organization, the disease has now spread to 29 countries, as the number of global cases has surpassed 79,000 (with the majority still in China), resulting in more than 2,600 casualties.
The most recent updates have sent the stock market into a downward spiral, with the Dow Jones Industrial Average (DJINDICES: ^DJI), the S&P 500 (SNPINDEX: ^GSPC), and the NASDAQ (NASDAQINDEX: ^IXIC) all down by more than 3% on Monday.
While the fear and uncertainty surrounding this global outbreak are certainly understandable, here are three things investors should remember in the wake of the outbreak and the resulting market decline.
Source Fool.com
