Business
Techs plummet as Wall St ends worst week since March – The Australian Financial Review
Better than expected third quarter results from Apple and Amazon, among others, failed to offset angst about the spread of the coronavirus in Europe and the US.
“By the end of next week, cases likely will be running at more than 100,000 every day,” Mr Shepherdson said. The rate of increase in new daily cases “is rising, and the US is in danger of seeing the near-vertical jumps in cases reported in many European countries”.
European Central Bank policymakers said governments must be selective in shutting down economic activity to combat the pandemic and need to keep spending up to support businesses and families.
“We must try to defeat the virus without…
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