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Wall Street’s party is over Coronavirus fears are back
Wall Street’s party is over Coronavirus fears are back. The runaway train on Wall Street has been derailed by a force nearly as powerful as easy money: a healthy dose of reality.
The Dow plunged 1,862 points, or 6.9%, on Thursday in the biggest selloff since March 16. Even the previously red-hot Nasdaq tumbled 5.3% back below the 10,000 level.