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Trump says coronavirus is under control in the US

UNITED STATES (OBSERVATORY NEWS) — The situation with the spread of a new type of coronavirus in the United States is under the control of the authorities. The corresponding message was posted on Twitter on Monday by US President Donald Trump.

“Coronavirus is largely controlled in the United States. We are in contact with all and all relevant countries. The CDC (US Federal Centers for Disease Control and Prevention – ed.) and the World Health Organization are working diligently and very smartly,” wrote the president.

He added that “the stock market is starting to look very good for” him.

On Monday, key indices fell significantly following the trading session on the New York Stock Exchange in the light of concerns that the spread of the new coronavirus could harm the global economy.

The American industrial index Dow Jones fell by 1,031.61 points (3.56%) and settled at around 27,960.80 points.

The S&P 500 Index, which includes the 500 largest companies in the US market, fell 111.86 points (3.35%) to reach 3,225.89 points.

The Nasdaq electronic stock exchange index fell by 355.31 points (3.71%), to 9,221.28 points.

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