The rapid spread of coronavirus has wiped almost a third - or $70 billion - off the world's top 20 listed airlines and reshuffled global rankings, elevating Air China into third place behind U.S. rivals, an analysis by Reuters shows.
Boeing (NYSE:BA) Stock fell by 5.26% to trade at $215.21 by 11:56 (15:56 GMT) on Tuesday on the NYSE exchange.
Stocks capitulated Tuesday, giving up sizable gainst at the open to move into negative territory as it became clearer that a U.S. fiscal stimulus package may still take some time to put together.
The dollar rebounded on Tuesday afters huge losses against the yen, the euro and the Swiss franc, as investors turned hopeful that global policymakers would introduce stimulus to cushion the economic impact of the coronavirus outbreak.
The Japanese yen tumbled against the U.S. dollar following reports that President Donald Trump will soon announce easing measures to support the economy.