Global stock markets lose $6 trillion in value this week
Coronavirus panic pushed the world stock markets which again fell on Friday, with an index of global stocks setting its largest weekly fall since the 2008 global financial crisis, and over $5 trillion wiped from global market value this week. U.S. stocks shaved most of the day’s losses late in the New York session but only the NASDAQ eked out a positive close. The Dow lost nearly 3,600 points this week and the S&P 500 posted a double-digit weekly percentage loss for only the fifth time since 1940....