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Dow Jones plunges 1,000 points as pandemic fears heighten

Updated : February 28, 2020 11:00 PM IST

Over the week, virus fears have wiped nearly $3 trillion off the combined market value of S&P 500 companies.
As the world prepares for a likely pandemic, investors rushed to safe assets, deepening an inversion of the US Treasury yield curve, a classic recession signal.
The benchmark S&P 500 fell about 12 percent from its record closing high hit last week, confirming its fastest correction in history on Thursday.
Dow Jones plunges 1,000 points as pandemic fears heighten

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