Thursday's News Links

[Reuters] Stocks plunge on virus fears as California declares emergency

[Reuters] Oil rises as OPEC backs deeper supply cuts

[AP] US productivity increases at 1.2% rate in fourth quarter

[CNBC] Coronavirus live updates: South Africa confirms first case, US to order more masks

[Reuters] Washington state urges patience as Covid-19 test delays stoke anger

[Reuters] California declares emergency over coronavirus as death toll rises in U.S.

[CBS5] Coronavirus Fears Keeps Grand Princess In Limbo Off California Coast

[CNN] Cruise ship is held off at sea after California man dies from coronavirus less than 2 weeks after his trip

[Reuters] South Korea declares new 'special care zone' as coronavirus spreads

[AFP] Coronavirus: US banks ready disaster plans: sources

[Reuters] U.S. to 'redouble' efforts to ensure Taiwan's global participation, official says

[Bloomberg] Trichet Says Coordinated Rate Cut Would Have Risked Panic Effect

[Bloomberg] India Steps in to Rescue Lender Hammered by Shadow Bank Crisis

[NYT] A Global Outbreak Is Fueling the Backlash to Globalization

[WSJ] Analysis: Why the Fed Is Likely to Cut Again

Wednesday Evening Links

[Reuters] Dow, S&P 500 end more than 4% higher after Biden's Super Tuesday lead

[Reuters] Treasuries - U.S. 10-year yield rises above 1% as stocks strengthen

[Reuters] U.S. corporate bonds gain as risk appetite returns

[Reuters] Coronavirus hits New York, Los Angeles areas; U.S. Congress to provide emergency funds

[CNBC] Coronavirus live updates: South Korea reports 438 new cases, 3 additional deaths

[CNBC] Fed ‘Beige Book’ shows business worried about coronavirus and the election

[AP] Companies trim outlooks, travel and staff as virus spreads

[Reuters] Fragile safety net leaves U.S. economy vulnerable to coronavirus hit

[Yahoo] Bank of Canada cuts interest rate by 50 points to 1.25 per cent

[Bloomberg] Coronavirus Spread in China Slows Drastically But Doubt Remains

[Bloomberg] China Car Sales Drop Record 80% as Virus Empties Showrooms

[Bloomberg] Mortgage Lenders Are Hiring Like Mad to Handle Demand as Rates Plunge

[NYT] With Oil Prices Down 20%, OPEC Pushes for Stability

[WSJ] Coronavirus Spreads in California, New York State