DJIA Falls Below 20,000 as US Closes Canada Border

Shares fell sharply again on Wednesday, with the Dow Jones Industrial Average, which broke 30,000 only a month ago, was now below 20,000.

As the president’s $1 trillion aid package looked to gain approval by the Senate before the weekend, news that the border to Canada would be closed weighed further on sentiment.

The uncertainty over the depths of the impact of the Corona Virus on the economy, plus estimates of the length of time — from two weeks, to two months, to five months — the country would be waiting at home for the Wuhan flu to flee.

While President Donald J. Trump has called for sharp gains in the stock market once the disease “blows through,” no one knows when to expect the inflection point.


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