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Markets

US stock sell-off: Dow tumbles 940 points on rising infections

Investors grapple with economic damage and brace for election day

U.S. stocks fell during morning trading Wednesday as rising coronavirus cases around the world further eroded investor confidence.    © Reuters

NEW YORK -- U.S. stocks closed sharply down on Wednesday as surging new coronavirus cases in the country raised fears of more economic damage from the pandemic.

All three major indexes are on track for their worst week since the week ending March 20.

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