Dow Plummets Another 1000 Points At Opening Bell

NBC News reports:

The stock market cratered again on Friday, marking the seventh day of a massive sell-off sparked by rising fears about the coronavirus epidemic. The Dow Jones Industrial Average plunged by 1000 points at the opening bell, with the S&P 500 and the Nasdaq each falling by 3 percent.

The meltdown comes as traders appear to lose any hope that the spread of the highly infectious disease has been staunched, with the number of cases continuing to spiral globally. A dozen countries have reported their first virus cases over the past 24 hours, including Nigeria, the biggest economy in Africa.