In this file photo the fearless girl statue and the New York Stock Exchange are pictured on April 20, 2020 at Wall Street in New York City. — AFP pic
About 15 minutes into the session, the Dow Jones Industrial Average had fallen 1.2 per cent to 24,330.61. Another 3.84 million US workers filed for unemployment benefits last week and the total has now passed 30 million in six weeks, according to the Labor Department data. “We are facing an economic contraction of a magnitude and speed that is unprecedented in recent history,” European Central Bank chief Christine Lagarde said.
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