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Stocks slide on Apple's virus warning, euro near three-year low

Stocks slide on Apple's virus warning, euro near three-year low

Wednesday, February 19, 2020, 8:16 AM

Gold rose and global equity markets slid after Apple Inc said it was unlikely to meet its sales guidance because of the coronavirus outbreak in China, a warning highlighting the epidemic's threat to global-growth and corporate profits. Apple said on Monday that manufacturing facilities in China that produce its iPhone and other electronics had begun to reopen, but were ramping up slower than expected.
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