In just weeks since the advent of the novel virus corona, also known as the COVID-19, its impact has been massive. As of now, only 29% of the active cases (people who are infected and still undergoing treatment) of the coronavirus are in China. The remaining chunk of 71% is spread across other parts of the world. This is causing a lockdown in many countries due to the spiraling numbers causing global panic and stalling economic and social activities. Global finances have been greatly affected too as a result of this, but we do not know just how much yet.
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Impact of Coronavirus on the Price of Stocks
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