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Stocks In Free-fall: Dow Plummets Over 1,000 Points As Coronavirus Tightens Grip

Posted on AllSides February 28th, 2020
From The Left
banking and finance, stock market, coronavirus

U.S. stocks plunged as soon as the market opened, deepening a multi-day rout fueled by fears about the coronavirus's impact on the global economy.

The Dow Jones Industrial Average, which fell by 1,190 points on Thursday, lost 1000 points within the first 30 minutes of the market open. The S&P500 stock index lost another 3% Friday morning and is now down 14 percent from the all-time high it reached only last week.

Around the world, stocks also fell, with Asian stock indexes down more than 3%. Markets also finished significantly...

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