Pandemic increasingly takes over daily lives, roils markets

Virus Outbreak New York
Virus Outbreak New York
Virus Outbreak New York
Posted at 6:50 AM, Mar 13, 2020
and last updated 2020-03-13 06:50:10-04

The coronavirus pandemic is taking over daily lives around the globe, overwhelming hospitals, shuttering schools and offices, halting U.S. presidential campaign rallies and world sports while increasing fears about the financial toll.

The intensifying spread of the virus beyond Asia is dashing hopes about a quick containment, even with travel and social events curbed drastically.

Asian markets are sinking further, after U.S. stocks had their greatest losses since the Black Monday crash of 1987 and bad European results.

The U.S. Congress and Trump administration are nearing an agreement on a sweeping aid package with sick pay and other resources to help calm Americans and financial markets.