We’ve got a problem: US manufacturing activity slows in February as coronavirus spreads around the world

The disruptions are likely only beginning as knock on effects from China start working their way through the system.

(From CNBC)

The slow growth in U.S. manufacturing last month coincided with the coronavirus spreading throughout China and the rest of the world, denting expectations over global economic growth and corporate profits.

The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite all posted last week their worst weekly performances since the financial crisis.