Coronavirus Tests Market’s Faith in Global Economy

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Coronavirus Tests Market’s Faith in Global Economy
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Investors are trying to determine whether the coronavirus outbreak could upend their bets on a global economic recovery

Just days ago, global stocks looked poised to close out January on a strong note.

Benchmark indexes from the S&P 500 to the Stoxx Europe 600 to India’s S&P BSE Sensex climbed to records. Investors projected that, with issues including the U.S. and China’s trade war and central-bank rate increases in the rearview mirror,...

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