Global markets rally after biggest Chinese fall in five years

Despite coronavirus concerns, share prices stabilise over hopes it can be containedFears that a coronavirus-inspired plunge in Chinese share prices would prompt a global selloff proved unfounded as investors in Europe and the US shrugged off the biggest fall in the Shanghai stock market in five years.Shares in London and New York rose – helping to reverse a part of last week’s falls – despite a drop of 9% at one stage in China’s main stock market index. Continue reading..