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Worldwide market losses accelerate; Dow sinks 3.1%

U.S. stocks fell sharply Friday and were on track for their worst week since October 2008 as the spreading coronavirus threatens to derail the global economy.

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Virus depressing US growth after 2.1% rise in Q4

Economists have been downgrading their forecasts for the first quarter of this year as fears of the virus’ impact have escalated.

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