All three major US market indices continued their free-fall amid growing panic over the COVID-19 outbreak, each seeing their worst week since the global financial crisis in 2008.

The Dow Jones Industrial average dropped more than 350 points after trading closed on Friday, falling by over 1.3 percent and capping off a week of dramatic decline which saw the Dow plummet more than 3,500 points. The S&P 500, meanwhile, shed nearly 25 points, added to a precipitous drop of some 300 points throughout the week – losing 11.5 percent. While the Nasdaq ended Friday up by less than a point, the index fell by 10.5 percent this week.

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