What Is a Stock Market Correction and How Long Will It Last?
Fears over the spread of the coronavirus have investors fleeing stocks for safe-haven assets.
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Any Fed response to the coronavirus — like a rate cut — will have minimal impact on markets, El-Erian said.
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What is the S&P 500 and How Does It Work?
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HSBC Slashing 35K Jobs, $1B in Assets as Part of Massive Overhaul
It will also reduce its number of U.S. retail branches and eliminate European stock trading.