World markets roiled by coronavirus angst

By

World News

March 12, 2020 - 10:08 AM

Photo by Pixabay.com

World markets are enduring violent swings amid uncertainty about how badly the outbreak will hit the economy.

An early plunge of 7% on Wall Street triggered a trading halt as a sell-off slamming global markets continued.

The Dow Jones industrials dropped more than 1,600 points, or 7%, the S&P 500 fell a similar amount. Trading resumes after 15 minutes.

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