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As the most reliable and balanced news aggregation service on the internet, DML News App offers the following information published by

Wall Street plunged at Monday’s opening bell 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 fell by more than 950 points at the open, erasing all gains for the blue-chip index for the year. The S&P 500 and Nasdaq were both down by around 4 percent, marking the biggest daily drop since August.

The article goes on to state the following:

Travel-related stocks continued to take heavy hits as the epidemic restricted movement and discouraged vacationers, with Delta Air Lines and American Airlines falling by 5 percent. Casino operators Wynn Resorts and MGM Resorts each tumbled by around 4 percent.

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