A massive selloff was witnessed in stock markets across Asia and billions of dollars have been wiped off European markets just hours after opening.
The day has been dubbed “Black Monday” by some analysts.
Investors have been reacting not only to the coronavirus but also to failed efforts to stabilise oil prices.
Al Jazeera's Alexi O'Brien reports. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ #AlJazeeraEnglish #OilPrice #OPEC