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Dow rebounds 300 points as coronavirus fears send Chinese markets plunging
Dow rebounds 300 points as coronavirus fears send Chinese markets plunging
MONDAY, FEBRUARY 03, 2020
Coronavirus wreaked havoc on Chinese markets amid rising concerns about the government's ability to contain the crisis before it exacts lasting damage on the global economy. And while the Dow Jones industrial average rebounded from Friday's 603-point rout, the outbreak is already beginning to cut off American companies from their supply of Chinese-made parts and materials.