The impact of the COVID-19 epidemic on the stock market includes a global economic slowdown, greater impact on specific industries, and fluctuations in investor sentiment.

1. Global economic slowdown: Due to the impact of the epidemic, many countries and regions have adopted blockade measures, which has affected the business of many companies and inhibited global economic growth. This could lead to an overall decline in the stock market.

2. Specific industries will be greatly affected: Tourism, catering, aviation and other industries have been greatly affected by the epidemic, and their stock prices may be affected. At the same time, industries such as pharmaceuticals and biotechnology have attracted attention due to the development of vaccines and treatment solutions, and their stock prices may rise.

3. Fluctuations in investor sentiment: The uncertainty and rapid changes in the epidemic may cause fluctuations in investor sentiment, thereby causing stock market fluctuations or declines.