Traders work on the floor of the New York Stock Exchange on Friday. Photo: EPA-EFE Traders work on the floor of the New York Stock Exchange on Friday. Photo: EPA-EFE
Traders work on the floor of the New York Stock Exchange on Friday. Photo: EPA-EFE

Coronavirus fears send US stocks tumbling in worst week since financial crisis

  • Almost US$3 trillion wiped from American equities as Dow drops to lowest level since June
  • Fed chairman Jerome Powell says central bank is monitoring virus, hinting at possible rate cut

Topic |   Coronavirus pandemic
Traders work on the floor of the New York Stock Exchange on Friday. Photo: EPA-EFE Traders work on the floor of the New York Stock Exchange on Friday. Photo: EPA-EFE
Traders work on the floor of the New York Stock Exchange on Friday. Photo: EPA-EFE
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