Global stock markets skid as coronavirus infections soar
NEW YORK (AP) — Wall Street is again in a selling mood as the coronavirus crisis deepens. The S&P 500 and the Dow Jones Industrial Average fell more than 3% Wednesday as the market moves on from its worst quarter since the 2008 financial crisis. President Donald Trump is warning Americans to expect “dark days” ahead. A survey of manufacturers in Japan showed deteriorating sentiment. Investors sought safety in bonds and the yield on the 10-year Treasury fell to 0.61%. Stock markets in Asia and Europe also fell. The Nikkei fell 4.5% and markets in Germany and France are down around 4%.