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Dow ends 4.6% lower in latest US stocks rout on virus hit
20 Mar, 2020 20:09
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Wall Street’s rollercoaster ride went on for another day, as the Dow Jones closed down 4.6 percent, erasing the modest gains made the previous day. The Covid-19 pandemic has hammered investor confidence around the world.
As trading on Wall Street finished for the week, the Dow Jones Industrial Average sat at just over 19,000 points, down 4.6 percent from a day earlier, after a week in which the gains of the Trump administration were wiped out by panic over the Covid-19 coronavirus.
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The S&P 500 Index closed down 4.3 percent, while the Nasdaq Composite fell 3.7 percent.
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