Global stocks suffer another rout as coronavirus crisis deepens

New York (AFP) – Global stocks experienced another rout Wednesday as the human and economic toll from the coronavirus continued to rise and more governments shut down activity to try to contain the outbreak.Stock market gains last week sparked talk among some investors that the market might be adjusting to the abrupt suspension of so much economic activity as the West attempts to limit the spread of virus.But there was no way to sugarcoat President Donald Trump’s pronouncement late Tuesday that the US was in for “a very, very painful two weeks” as health experts said the US death count could r…

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