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US stocks open sharply lower on worsening economic outlook

Mar 18 2020 18:38

Wall Street stocks resumed their downward slide early Wednesday as the economic toll mounts from the rapid near-shutdown of key industrial and services sectors.

About five minutes into trading, the Dow Jones Industrial Average stood at 20,102.12, down more than 1,100 points or 5.4 percent.

The broad-based S&P 500 slumped 4.9 percent to 2,404.96, while the tech-rich Nasdaq Composite Index tumbled 4.5 percent to 7 003.31.

usa  |  markets  |  international markets  |  wall st
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