The spread of the coronavirus epidemic has caused a real blow to the markets. In Paris, the CAC 40 fell 3.94% Monday to 5,791.87 points, its largest decline since June 24, 2016 after the British vote in favor of Brexit. Elsewhere in Europe, Frankfurt lost 4% and London 3.34%. The biggest fall, however, fell to the Milan Stock Exchange, which finished down 5.43%. The bad wind also swept Wall Street, where the Dow Jones dropped 3.3% in mid-session and the Nasdaq 3.9%.
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The concern has clearly escalated with the announcement of several fatal cases and unprecedented precautionary measures in northern Italy, the country's economic engine. " As long as the epidemic seemed confined to China, the markets held the shock thanks to financial factors such as the support of central banks and low interest rates , explains Jean-Jacques Friedman, director of investments at Natixis Wealth Management . But now,
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