Perhaps it was a coincidence, but it seemed a jolt to Wall Street is what has spurred White House officials to take up action against the coronavirus.
On Monday, the stock market dropped by more than 1,000 points in trading, topped by a 900-point slide Tuesday. The sell-offs represent the biggest declines in two years and are attributed to fears of the virus’s economic impact.
On Tuesday, skittery White House officials requested $2.5 billion to help stop the spread of the virus which, it confirmed, is likely to spread across the country.
Stay connected to the stories and events that make your community a special place to call home.
Subscriptions start at $14.90/month.View subscription options
- Unmatched coverage of Allen County’s local news and sports, a tradition dating back to 1867
- Compelling portraits of our residents, experienced reporting and thoughtful analysis
- Unlimited online access to iolaregister.com and our archives