The US stock market panic due to the outbreak of coronavirus

When this week, Apple told shareholders that because of the epidemic of the coronavirus will produce a financial blow to the company, it was a kind of warning that could cause a sharp drop on wall street.

But the stock market almost did not react, despite the inaction of countless factories and concerns that the virus could spread more widely. The S & P 500 index rose by 5.6 percent compared to its levels at the end of January, when the world health organization declared the outbreak of coronavirus a global emergency in health.

Even the index of travel and tourism Dow Jones, which includes airlines and hotel chains, which will suffer from the drop in Asian tourism, fell by only 1.2 percent since mid-January, when the fears of the coronavirus began to spread widely.

Us stock investors seem to betting that the fed will save them from any damage corporate profits and the global economy. But this means that they also wager that the reduced ability of the Federal government to cope with future shocks will not be a problem.

Important:we recommend to watch the first symptoms of the coronavirus in humans and preventive measures to reduce the chance of infection. A graph that is on the main page of our project is a detailed online map of coronavirus with data updates every 15 minutes.

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