The Dow just lost 12% in one week. Here’s why and what likely happens next

The Dow just lost 12% in one week. Here’s why and what likely happens next

Traders work on the floor of the New York Stock Exchange, January 27, 2020.

Spencer Platt

The U.S. stock market suffered a historic pullback this week as the coronavirus spread outside of China, spooking investors and traders out of equities.

The Dow Jones Industrial Average and S&P 500each dropped 12% and 11% for the week, respectively, marking their worst weekly performance since the…

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