Wall Street suffered brutal losses on Thursday, with the Dow Jones Industrial Average closing with a loss of 1,193 points for the worst week since the financial crisis. The Dow has now lost more than 3,000 points this week, or 10 percent, including a decline of 1,031 points on Tuesday and 879 points on Wednesday. The S&P 500 fell by 4.4 percent and the Nasdaq Composite was down by around 4.6 percent. Transport-related stocks, tech stocks and the energy sector all took the heaviest hits, as fears spread that coronavirus would strangle global movement. |