Coronavirus outbreak puts chill on US businesses


Global businesses are bracing for the outbreak’s economic impacts.

Apple, McDonald’s and Starbucks are among the growing number of international companies that have shuttered stores, reduced service or removed staff from China as the coronavirus outbreak continues to dampen global economic activity.

While the full financial impact of the outbreak on global business is still revealing itself, here are where things stand.

Despite a solid jobs report, financial markets were down Friday as coronavirus uncertainty continues to rattle global business outlooks. The Dow Jones Industrial Average dropped approximately 200 points, and the S&P 500 and Nasdaq similarly fell Friday.

Read more : abc news


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