Economic toll of virus deepens, duration remains an unknown
The Dow over the past five days: up 1,293, down 786, up 1,173, down 967. The Dow tumbled 800 points at the opening bell Friday. The VIX, an index known as Wall Street's fear barometer, is hovering at levels not seen since banks began to fall during the financial crisis. The uncertainty and potential economic damage from the coronavirus deepened this week. Sectors that cater to almost any public activity ... movie theaters, business conference organizers, hotels, airlines, amusement parks, have lost billions in value as stockholders flee to safer ground like U.S. Treasury notes, which now payout close to nothing. Following is a brief look at how things are changing in the economy and the workplace today as the outbreak widens.
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