The United States ramped up its response to the coronavirus epidemic on Friday, declaring a public health emergency and saying it would halt entry to foreign nationals who had been to China within the 14-day incubation period.
China's Hubei province, the epicentre of a coronavirus epidemic, reported 45 new deaths from the outbreak on Friday, bringing the total to 249, the local health commission said on Saturday.
Concerns over the outbreak of coronavirus from China have largely overshadowed corporate results, but the back half of the earnings season could hold greater sway over the performance of individual stocks.
President Donald Trump signed an executive order on Friday aimed at preventing counterfeit products from abroad from being sold to U.S. citizens who shop online using Amazon.com , Walmart.com or other ecommerce websites, the White House said.
Weaker crude oil and gas prices drove quarterly results sharply lower at Exxon Mobil Corp and Chevron Corp, pushing down shares at the two largest U.S. oil producers and signaling a weak start to the new year.
The Trump administration on Friday declared a public health emergency over the coronavirus outbreak and said it would bar entry to the United States starting on Sunday of foreign nationals who have traveled to China.
A growing number of countries around the world are evacuating or planning to evacuate diplomatic staff and citizens from parts of China hit by the new coronavirus.
Another pivotal Republican announced opposition on Friday to calling witnesses in President Donald Trump's U.S. Senate impeachment trial, appearing to doom a bid by Democrats to permit testimony and paving the way for his expected acquittal.
The United States angered China on Friday with a warning to Americans not to travel there because of a coronavirus epidemic that has rattled the global economy with increasing disruption to business supply lines.
Global equity markets posted their biggest weekly and monthly loss since August on Friday as growing concerns about the economic impact of the coronavirus outbreak in China sapped risk appetite and lifted the safe-haven Japanese yen and Swiss franc.
