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Investor fears rise over recession, bear market as coronavirus spreads in US

Updated : March 09, 2020 08:34 AM IST

The accelerating outbreak has stoked violent swings in markets around the world.
The bank’s main scenario forecasts a drop of 15% to 20% in U.S. stocks followed by a rebound.
The S&P 500’s lowest close following the 2008 financial crisis was 676.53 points on March 9, 2009.
Investor fears rise over recession, bear market as coronavirus spreads in US

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