US markets fell on Thursday and Asian markets are sharply down on Friday, amid confusion over the virus
A man wearing a protective mask is seen inside the Shanghai Stock Exchange building in Shanghai, China, February 28 2020. Picture: REUTERS/ALY SONG
The Dow fell more than 3.5% on Thursday, while Asian markets were lower on Friday morning, with Japan’s Nikkei falling 3.27% and the Hang Seng 2.15%. Markets are likely to remain volatile as they continuously reassess the probable economic impacts largely based on headlines, Strickland said. Tencent was down 2.2% in trade in Hong Kong, while commodities were also under pressure on Friday morning.
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