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Coronavirus live updates: stock markets plunge on global recession fears

Coronavirus live updates: stock markets plunge on global recession fears

With cases spiking sharply across Europe and emergency measures in place from California to Saudi Arabia, investors have sent shares tumbling. Follow all the developments live.

  • Leaked coronavirus plan to quarantine 16m sparks chaos in Italy
  • Quarter of Italy’s population put in quarantine
  • Voices from the frontline against Covid-19
  • Trump’s immigration policies ‘may put people at risk’
  • Can a face mask stop it spreading? Coronavirus facts checked

The Australian Securities Exchange is now down 5.5%.

US senator Ted Cruz has released a statement saying he “briefly interacted with an individual who is currently symptomatic and has tested positive for Covid-19” while at the Conservative Political Action Conference ten days ago.

Today I released the following statement: pic.twitter.com/XGXEa4ozcg

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