The world's leading forces in live entertainment have recommended that large scale events taking place through the end of March be postponed due to the coronavirus outbreak.
The novel coronavirus, now named COVID-19, was declared a pandemic on March 11, 2020. It is the sixth pandemic named in about a century. So when does a disease become a pandemic, and what does the designation mean for governments and markets? CNBC's Tom Chitty explains.
President Trump said that markets will be "just fine" as U.S. stocks sold off in yet another dramatic session fueled by worries over the coronavirus outbreak and the administration's response to it.
The price of oil is likely to fall "much lower from here" in a political standoff between Saudi Arabia and Russia, said Bob McNally, who was energy advisor to former U.S. president George W. Bush.