Markets Live Updates: Stocks Rise as Investors Foresee Coronavirus Help

Two Amazon employees in Europe have contracted the coronavirus, the company said, and other tech companies have begun taking more drastic measures to prevent their employees around the world from being affected by the outbreak. On Sunday, an Amazon spokesman, Drew Herdener, said that the internet retailer was “supporting the affected employees, who were in Milan and are now in quarantine.”

He added that Amazon, which is based in Seattle, did not know of any employees in the United States who had become sick.

Late last week, Amazon, the second largest private employer in the United States, indefinitely halted all travel, including trips within the U.S.

Other tech firms were also working to secure their offices while minimizing the potential for the spread of the virus.

Over the weekend, Facebook sent out an internal memo that said it would no longer allow social visits from non-employees at any of the company’s global offices.

Article source: https://www.nytimes.com/2020/03/02/business/stock-market-today.html