Stocks, oil drop as coronavirus fears grip markets

NEW YORK (Reuters) - Stocks and oil prices resumed their sharp decline on Wednesday after a report said over 80 people were being monitored for the novel coronavirus in New York State's Long Island.Financial markets have been reacting to news of the virus' spread because of the potential impact of the disease's outbreak on the global economy.U.S. and German bond yields resumed their fall while gold prices rose.Health officials in Nassau County, New York, said on Wednesday that they were..