Stocks rebound tracking virus fallout

London (AFP) – Stock markets mostly rebounded Monday, with investors assessing the extent of economic fallout from the new coronavirus, as the death toll in China from the epidemic rose and infections topped 70,500.After Wall Street’s muddled performance on Friday and with US markets closed Monday for a holiday, traders turned their attention to some grim Asian economic news.Japan’s economy suffered the worst quarterly contraction in more than five years, while Singapore cut its growth forecast for 2020 as the virus batters the city-state’s tourism and trade.That comes after Europe’s largest e…

Read More