Screens show drops in stock prices on the floor of the New York Stock Exchange on February 27, 2020 in New York City. With concerns growing about how the coronavirus might effect the economy, stocks fell for the fourth straight day. The Dow Jones Industrial Average lost almost 1200 points on Thursday. - AFP
NEW YORK: The Dow industrials posted the largest-ever points drop on Thursday as Wall Street led stocks across the globe lower, with traders fretting over the economic impact of the spreading coronavirus.
Oil prices tumbled to their lowest in over a year and the benchmark U.S. Treasury yield set a record low.
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