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A trader walks at the Dubai Financial Market in Dubai, United Arab Emirates, Thursday, March 12, 2020. Regional stock markets were down, reflecting investor concerns and nerves felt globally as oil prices plunge and tourism revenue is eroded by the virus. The World Health Organization on Wednesday officially designated the outbreak a "pandemic." (AP Photo/Kamran Jebreili)

A trader walks at the Dubai Financial Market in Dubai, United Arab Emirates, Thursday, March 12, 2020. Regional stock markets were down, reflecting investor concerns and nerves felt globally as oil prices plunge and tourism revenue is eroded by the virus. The World Health Organization on Wednesday officially designated the outbreak a "pandemic." (AP Photo/Kamran Jebreili)

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