Global Stocks Fall After Trump Issues Warning on Pandemic


Global Stocks Fall After Trump Issues Warning on Pandemic

Global stocks fell Wednesday after President Trump issued a stark new warning on the spread of the novel coronavirus in the U.S., reviving concerns about the potential damage to the world’s largest economy.

Futures tied to the Dow Jones Industrial Average dropped 3%, suggesting that blue-chip stocks will decline a day after U.S. equities closed out their worst quarter since the financial crisis. European stocks also declined, with the pan-continental Stoxx Europe 600 index retreating 2.8%.


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