Wall Street tumbles as China trade tensions add to Covid-19 American jobless woes

Wall Street’s main indexes were lower in choppy trading and European indices tumbled, as renewed worries about China-US trade relations added to fears of an extended economic downturn due to the virus outbreak.
Wall Street tumbles as China trade tensions add to Covid-19 American jobless woes

US President Donald Trump departs after speaking about the coronavirus during a press briefing in the Rose Garden of the White House on Monday. Picture: AP
US President Donald Trump departs after speaking about the coronavirus during a press briefing in the Rose Garden of the White House on Monday. Picture: AP

Wall Street’s main indexes were lower in choppy trading and European indices tumbled, as renewed worries about China-US trade relations added to fears of an extended economic downturn due to the virus outbreak.

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