Stocks took another hit on Wednesday amid concerns over the economic blow from the coronavirus outbreak.
Billionaire investor Bill Ackman, echoing investor worries, urged President Donald Trump to shut down the country in an effort to curb the spread. "We need to shut it down now. ... This is the only answer," Ackman, founder of Pershing Square Capital Management, told CNBC's "
" on Wednesday. "America will end as we know it. I'm sorry to say so, unless we take this option." Bottom line, investors want to see drastic measures to contain the outbreak before jumping into the market again.
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