Will Coronavirus Finally Affect the Market?

The Coronavirus outbreak has certainly dominated headlines over the past month or so, but so far markets aren’t roiled. Stock indexes continue to chug along, performing well above average. 

That could start to change. 

Apple made waves this week when it warned investors that it would not meet revenue goals in large part due to the fallout from the disease. The outbreak has led to factories where its iPhones and other hardware are manufactured being shut for extended periods of time. Chinese retail is also being hit, with stores remaining closed and citizens remaining quarantined. 

It will be interesting to see if any other companies will be affected by this outbreak and if it will cause markets to tumble.