Wall Street's major stock indexes plunge as coronavirus anxiety grows

Wall Street's three major indexes fell more than 4 per cent  on Wednesday, after President Donald Trump's dire warning on the US death toll from the coronavirus sent investors running from even the most defensive equities. Trump warned Americans late Tuesday of a "painful" two weeks ahead and health officials highlighted research predictions of an enormous jump in virus-related deaths.

Economic data did little to lift the mood. While US manufacturing activity contracted less than expected in March, new orders.

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