Risks of a Second Virus Wave Are Making Market Watchers Nervous

  • New outbreaks in Wuhan, South Korea could hammer risk appetite
  • Options traders have warned that cases may flare up for weeks

Workers spray disinfectant inside a fitness club in Seoul May 11.

Photographer: SeongJoon Cho/Bloomberg
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There were only six new cases, but the resurgence of the coronavirus in Wuhan, the city in China where the pandemic began, was enough to startle market analysts.