The Dow industrials drop more than 900 points and Treasury yields fall as concerns about the coronavirus continue to batter markets
U.S. stocks and bond yields dropped Thursday, continuing a painful stretch of market turbulence as investors around the world remain jittery about the economic fallout from the coronavirus outbreak.
The Dow Jones Industrial Average fell more than 950 points, or 3.5%, erasing much of the gains notched Wednesday as losses accelerated midday. A strong Super Tuesday performance by former Vice President Joe Biden and growing signs of a coordinated response to the coronavirus had driven a sharp rally in U.S. stocks.
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