[janetjanet998]

Stocks Tumble With Oil; Yen Climbs With Treasuries: Markets Wrap

With no sign of the disease’s containment, traders rushed out of risk assets. Contracts on the S&P 500 Index fell more than 1% and Japan’s Topix opened down in excess of 1.6%, while oil dropped some 3% in New York. Ten-year Treasury yields sank to the lowest since October.

https://www.bloomberg.com/news/articles/2020-01-26/yen-rises-stock-futures-decline-as-virus-spreads-markets-wrap?utm_campaign=socialflow-organic&utm_source=twitter&utm_medium=social&utm_content=business&cmpid=socialflow-twitter-business

[mrsmith]

Asian markets will be closed a week (maybe more now) for New Year.
Very convenient for China. I think it had some influence on the timing of their actions.