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Global stocks fall after Apple warns on coronavirus impact

Global stocks fall after Apple warns on coronavirus impact

Tuesday, February 18, 2020, 1:39 PM

Asian shares fell and Wall-Street retreated from record highs after Apple-Inc said it will not meet its revenue guidance for the March quarter as the coronavirus outbreak slowed production and weakened demand in China. The warning from the most valuable company in the US sobered investor optimism that economic stimulus by Beijing and other-countries would protect the global-economy from the effects of the epidemic.
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