· The Dow Jones lost 1464 points on
Wednesday.
· Earlier on February 28, the Dow
dropped by 1190.95 points
The Economic News:-
The America president Donald Trump has banned US travel over 26 European countries. The ban will start on Friday night and continue for the next 30 days. After this announcement by the US President, the American markets once saw a record decline. The Dow Jones once again created a history of falls. The Dow Jones lost 1464 points. This is the biggest decline in the history of the Dow Janes. Earlier on February 28, the Dow Jones set a record for falls. It had dropped 1190.95 points that day. However, the next day of trading, the market saw a record boom and the Dow closed up 1293.96 points.
Nasdaq rolled 4.70% and Dow 5.86%
Dow Jones 23,553.20 1,464.94 5.86% Nasdaq 7,952.05 392.20 4.70% S&P 2,741.38 140.85 4.89%.
1,000 cases of coronavirus in America
According to CNN, 1,15,800 people have been infected with the coronavirus worldwide so far. So far, 1,000 cases of coronavirus have been reported in the US. So far, 4,200 people have died across the world. US President Donald Trump has banned travel from 26 European countries to the US for 30 days due to the corona virus infection. The ban will begin on Friday night. Trump said that this step has been taken to prevent new cases related to coronaviruses from entering the country. The ban will not apply to Britain, with 460 confirmed cases of the virus in the UK so far.
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