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Economics

Global stocks plunge as COVID-19 fear accelerates, oil crashes

Global markets, already feeling the burn from the spreading COVID-19 virus, have tumbled further, after Saudi Arabia sparked an oil price war which saw oil futures plunge more than 30%.

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Read more: US,  S&P,  Saudi Arabia,  China,  ASX,  Australia,  Global Financial Crisis,  DAX,  Dow Jones Industrial Average,  FTSE,  John Birkhold,  Kyle Rodda,  Nasdaq Composite,  Origin Asset Management,  Scott Morrison,  Stacey Cunningham