Coronavirus: Dow drops more than 900 points, ending worst week since 2008


Stocks sank to their worst week since the financial crisis of 2008 as traders went into full retreat out of fear that the coronavirus will plunge the US and other major economies into deep recessions.The Dow Jones Industrial Average dropped more than 900 points, extending weekly losses to 17 per cent.The price of US crude oil also took another nosedive as investors anticipate a sharp drop in demand for energy as manufacturing, travel and commerce grind nearly to a halt. New York became the…

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