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The Dow Is Down 700 Points as the Coronavirus Strikes in Italy


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U.S. stock futures are getting crushed because the coronavirus is spreading outside of China.

Italy now reports 150 cases and three deaths attributed to the virus. The Borsa Italiana is plummeting, down 4.8% in overseas trading. Other overseas stock exchanges are in the red as well. The U.K’s FTSE 100 Index has fallen 3.5%. Hong Kong’s Hang Seng Index is off 1.8%.

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