US stocks mostly down as virus impact worsens

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NEW YORK (AFP) - Wall Street stocks were mostly lower on Friday afternoon (March 20) in volatile trading as more of the US economy shuts down in response to the coronavirus outbreak.. Read more at straitstimes.com.

NEW YORK - Wall Street stocks were mostly lower on Friday afternoon in volatile trading as more of the US economy shuts down in response to the coronavirus outbreak.

A note from Goldman Sachs warned of an"unprecedented surge in layoffs," citing data from US states, and a massive decline in revenues in many industries.

 

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