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‘The panic mode is full on’: Stocks plunge again as fears mount of a coronavirus pandemic

FILE - In this Tuesday, Aug. 13, 2019, file photo trader Andrew Silverman works on the floor of the New York Stock Exchange. The threat of a recession doesn't seem so remote anymore, and stocks sank Wednesday after the bond market threw up one of its last remaining warning flags on the economy's health. (AP Photo/Richard Drew, File)

  • Global stocks dived on Friday as investors braced for the novel coronavirus to become a pandemic.
  • Several stock indexes are set to end the week in correction territory after falling more than 10% since Monday.
  • “Blood is running in the streets,” Neil Wilson, chief market analyst for markets.com, said in a morning note.
  • Coronavirus has infected more than 80,000 people, killed at least 2,800, and spread to upwards of 46 countries.
  • Visit Business Insider’s homepage for more stories.

Global stock markets plunged on Friday, leaving them on track for their steepest weakly loss since the financial crisis, as investors braced for the novel coronavirus read more >>>

Source:: BusinessInsider.Com