Wall Street falls as coronavirus shreds US payrolls

The Dow Jones Industrial Average fell 360.91 points, or 1.69%, to 21,052.53, the S&P 500 lost 38.25 points, or 1.51%, to 2,488.65 and the Nasdaq Composite  dropped 114.23 points, or 1.53%, to 7,373.08.

NEW YORK: Wall Street's main indexes fell more than 1.5% on Friday as the coronavirus abruptly ended a record U.S. job growth streak of 113 months, intensifying fears of a deep economic slowdown.

Even the loss of 701,000 jobs that Labor Department data showed for March did not completely capture the economic damage from the virus. The survey considered data only until mid-March, before widespread U.S. lockdowns put more people out of work.