US markets in sharp drop amid rollercoaster over coronavirus
by Dominic Rushe and agencies from Economics | The Guardian on (#50AAM)
Markets have been up and down for weeks due to uncertainty over how much damage outbreak will do to global economy
US stock markets closed sharply lower again on Thursday as fears about fallout from the virus outbreak sent more shudders through the financial world.
The Dow Jones sank 968 points, or 3.6%, wiping out most of its surge of 1,173 points a day earlier. Treasury yields sank to more record lows as investors plowed money into low-risk investments.
Related: Wall Street will see more wild days over coronavirus fears, says famous trader
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