A screen displays trading information over the floor of the New York Stock Exchange (NYSE) in New York, yesterday. - Reuters
NEW YORK: U.S. stocks deepened their selloff on Wednesday and the Dow erased virtually the last of its gains since President Donald Trump's 2017 inauguration, as the widening repercussions of the coronavirus pandemic threatened to cripple economic activity.
The benchmark S&P 500 index ended down 5.2%, though it pared losses late in the day as the U.S. Senate passed legislation to provide billions of dollars to limit the damage from the outbreak through free coronavirus testing, paid sick leave and expanded safety-net spending.
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