US stocks join global selloff on virus fears, Dow -3pc | Malay Mail

Near 1505 GMT, the Dow Jones Industrial Average had fallen 3.1 per cent, or about 840 points, to 26,622.04. — Reuters pic

The bellwether Dow Jones Industrial Average had fallen 3.1 per cent, or about 840 points, around 1505 GMT, to 26,622.04. The losses came as worldwide coronavirus cases hit a new high of 500,000 today, according to a tally from health authorities compiled by AFP. German Chancellor Angela Merkel also is seeking drastic new curbs, including fresh shutdowns hitting leisure, sports and the food and drink sectors as she holds crisis talks with Germany’s regional leaders to halt surging Covid-19 infections and save the Christmas holiday season.

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