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U.S. stock indexes fall about 1%

U.S. stock indexes fell about one per cent on Thursday, dragged down by technology heavyweights, as investors fretted over a rise in the cases of coronavirus and its economic impact.
 
Some traders pointed to a Global Times report here that said a central Beijing hospital reported 36 new cases as of Thursday, sparking a fresh wave of selling in late morning trade.
 
Investors were already on the edge as the number of new cases climbed in South Korea, Japan reported two new deaths and research suggested that the virus was spreading faster than previously thought.


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