Wall Street ends worst start to a year since 2008, down 20% in first quarter

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Loss for S&P 500 in March alone was 12.5 per cent, as coronavirus pandemic pushed investors to flee market

The surge of coronavirus cases around the world has sent markets into breathtaking drops since mid-February, undercutting what had been a good start to the year due to calming trade wars and low interest rates around the world.

 

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