BUSINESS REPORT

Stocks plummet in reaction to growing coronavirus concerns

BY Rhonda Schaffler, Correspondent |

Fears about the coronavirus are weighing on the markets. Other global stock markets have been selling off because of the virus, and Wall Street’s been somewhat immune until now. And that’s because things have changed in the last few days.

The CDC said Tuesday that it believes the coronavirus will spread further in the United States. Right now there are just a few dozen cases, none in New Jersey, but health officials say they expect it will get worse.