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US markets open sharply lower as coronavirus fuels fears on global recession

UNITED STATES (OBSERVATORY BREAKING NEWS) — US stock markets open sharply lower again as coronavirus outbreak fuels fears over global recession.

The American industrial index Dow Jones fell by 691 points (2.66%) in the first minutes after the start of the exchange session on Friday amid fears of market participants about the consequences of the outbreak of coronavirus on the global economy.

Information about this is available on the website of the trading platform.

Immediately after the opening, the index fell to the level of 25075. On February 27, it stopped at around 25766.64 points.

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