This Is How U.S. Markets Will Function If The Coronavirus Outbreak Arrives In New York City

Reuters: Explainer: How U.S. markets will function if coronavirus breaks out in NYC

NEW YORK (Reuters) - If an outbreak of coronavirus hits New York, it could cause more sharp selling of stocks, but markets would likely continue to function even if the floor of the New York Stock Exchange had to close.

No case has been confirmed in the state, but dozens of people were being checked in the New York City area on Wednesday.

U.S. stock exchanges said they have contingency plans.

Here is how the markets would work if there were disruptions or panic selling of stocks.

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WNU Editor: It has definitely been a bad week .... Stock markets suffer worst week since financial crisis (AFP).

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