US Declares Public Emergency From Wuhan Coronavirus
Updated: Feb 3, 2020
Secretary Alex M. Azar II Delivers Remarks on Declaration of Public Health Emergency for 2019 Novel Coronavirus.
The Department of Homeland Security announced it would begin enforcing the restrictions Sunday, rerouting Americans who have recently been to China to one of the seven airports -- John F. Kennedy in New York, Atlanta, Chicago O'Hare, San Francisco, Seattle-Tacoma, Los Angeles and Honolulu -- where the CDC will conduct health screenings.
For Asian Equities, the declines are likely to be exacerbated by the amount of leverage in the market -- near the highest in 11 months. That could create a downward spiral where steep losses become steeper as traders face margin calls.