https://techcrunch.com/2020/02/24/coronavirus-fears-hit-markets-bringing-us-shares-down-as-tech-and-saas-slip/

Fears over the potential impact of the coronavirus spreading in Europe, Asia and the Middle East have sent stocks plummeting in Monday’s open — with tech stocks among the hardest hit.

The reason for the declines are clear: Over the weekend, cases outside of China swiftly rose in Europe and other parts of Asia, indicating that hopes of containing the virus’ spread appear to be dashed.