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The U.S. stock market ended its worst week since the financial crisis with the Dow Jones Industrial Average falling 12.4%. Fed Chairman Jerome Powell promises to support the economy as necessary.
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U.S. stocks fell sharply Monday as investors worried about a growing number of coronavirus infections outside China, and possible fallout for the global economy.
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The Dow hit 22,000 for the first time Wednesday after a better-than-expected earnings report from Apple sent stocks soaring yesterday.