U.S. stocks tumble, Europe wavers as coronavirus advances

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Major United States indices fall around 2.5% or more on Friday, June 26, to finish the week in the red.

'TOGETHER, WE'RE STRONG.' The New York Stock Exchange is pictured at Wall Street in New York City on May 26, 2020. Photo by Johannes Eisele/AFP

Earlier, European bourses finished mostly lower, while oil prices fell on worries about weakening demand. "We are facing a serious problem in certain areas," top infectious disease expert Anthony Fauci said on Friday as the Trump administration's coronavirus task force held its first public briefing in two months.

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