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Wall Street plunged Monday after a spike in the number of reported cases of coronavirus fueled fears that the epidemic would have a serious impact on global economic growth.
The Dow Jones Industrial Average plummeted by 1,003 points in midday trading Monday, after a volatile session that saw the blue-chip index lose 979 points at the opening bell, erasing all gains for the year. The tech-heavy Nasdaq fell by 4 percent, with the S&P 500 dropping 3.2 percent.