Thursday, February 27, 2020

BREAKING: Dow plunges nearly 1,200 points as coronavirus fears send markets diving

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Feb 27, 2020
BREAKING: Dow plunges nearly 1,200 points as coronavirus fears send markets diving

Wall Street suffered brutal losses on Thursday, with the Dow Jones Industrial Average closing with a loss of 1,193 points for the worst week since the financial crisis.

The Dow has now lost more than 3,000 points this week, or 10 percent, including a decline of 1,031 points on Tuesday and 879 points on Wednesday. The S&P 500 fell by 4.4 percent and the Nasdaq Composite was down by around 4.6 percent. Transport-related stocks, tech stocks and the energy sector all took the heaviest hits, as fears spread that coronavirus would strangle global movement.

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