DAMIAN J. TROISE and STAN CHOE
AP Business Writers
NEW YORK (AP) — Investors are dumping stocks again Thursday as fears spread that the growing coronavirus outbreak will weigh down the global economy. More big-name companies are warning they'll be affected and countries are taking increasing drastic measures to contain the virus.
The S&P 500 index is now 10% below the record high it set last week and its headed for its worst week since October 2008. If the S&P closes that low it would mark what market watchers call a "correction," a normal phenomenon that analysts have said was long overdue in this bull market, which is the longest in history.
Microsoft and Budweiser maker InBev became the latest to warn investors about the virus' potential hit to their finances.
Bond yield
