Dow Falls Another 350 Points on Coronavirus Concerns, Worst Week Since 2008

Markets around the world are seeing continued declines as investors remain worried about the economic implications of the COVID-19 coronavirus outbreak. The Dow Jones Industrial Average is down 350 points (around 1.4%) at the moment, with the index having initially fallen as much as 950 points earlier in the day. Both the S&P 500 and the Nasdaq have fared better, with the S&P down just 0.8% while the Nasdaq ended the day having not moved much at all.

Mexico and Nigeria also announced their first confirmed COVID-19 cases on Friday. Although the World Health Organization (WHO) still has not formally declared the virus a pandemic, the agency has stated that global risk levels were increasing drastically.

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Source Fool.com