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Global share rally grinds to a halt

Louis Ashworth
Coronavirus - TYRONE SIU/REUTERS
Coronavirus - TYRONE SIU/REUTERS

The global share rally hit a wall on Thursday, as investor nerves took hold following a string of company warnings over the impact of coronavirus. These were the day’s top stories:

  1. Global shares slipped as companies warned on disruption for the outbreak

  2. UK retail sales excluding fuel rose the most since May 2018

  3. Lloyds’ profits fell by around a quarter after PPI charge

  4. Victoria’s Secret will be to a private equity house

  5. Morgan Stanley will buy E*Trade for $13bn in shift towards retail

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