As fears of the coronavirus outbreak reaching pandemic levels continue to spread, markets have taken a beating. Investors are panic selling and nearly every sector is plummeting. The meltdown continues. Brent fell below $50 per barrel during intraday trading on Friday, and financial markets continued to post sharp losses. Oil is set to close out the week with the worst loss in four years. For stocks, the losses are the worst weekly performance since the global financial crisis in 2008. Whether this is an overreaction to the coronavirus or not is yet to be seen. Stock market meltdown. The Dow Jones fell by a record number of points on Thursday, down nearly 1,200. That puts stocks in correction territory, with the index off about […]