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The effects of the Ebola virus outbreak continue to weigh on investors' minds. The negative headlines that fueled the recent market sell-off are getting worse.
What began as 23 deaths in West Africa in March has turned into more than 4,000 deaths and 8,000 affected. On Sunday, a Dallas health worker tested positive for Ebola. This marks the first transmission of the virus on U.S. soil.
Monday's market close marked the worst three-day losing streak in nearly three years. The S&P dipped under its 200-day threshold for the first time in almost two years. Over the last three weeks, U.S. stock market indexes have fallen more than 5%.
Money Morning Defense & Tech Specialist Michael A. Robinson appeared on FOX Business' "Varney & Co." program Tuesday afternoon to tell investors what actions to take in response to the Ebola outbreak and this market sell-off:
Here at Money Morning, we believe tech investments are an essential step in wealth building. The sector creates some of the richest investors – and continues to get more lucrative. It's no surprise that Ebola stocks are the hot topic in tech right now. A number of companies are racing to find a treatment, and investors are piling in. But here's what you need to know about them…