Dow slides 3,000 as coronavirus shuts down America

Worst point loss in history despite Fed's big rate cut

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A man in a surgical mask walks by the New York Stock Exchange as the coronavirus continued to pound the market on March 16. © Reuters

Nikkei staff writers

NEW YORK -- U.S. equities plunged again Monday as drastic action by the Federal Reserve failed to assuage investors' fears about the economic impact of the coronavirus pandemic.

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