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

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

2. Specific industries have been hit harder: tourism, catering, aviation and other industries have been hit harder because of the epidemic, and the stock price may be affected. At the same time, medicine, biotechnology and other industries have attracted attention because of the research and development of vaccines and treatment programs, and their share prices may rise.

3. investor's mood fluctuation: the uncertainty and rapid change of the epidemic situation may lead to investor's mood fluctuation, thus causing the stock market to fluctuate or fall.