US stocks erase $3.18 trillion in value this week amid coronavirus tailspin
A trader reacts on the floor at the New York Stock Exchange (NYSE) in New York, U.S., August 5, 2019.
Brendan McDermid | Reuters
The coronavirus wiped $3.18 trillion in market value from U.S. stocks this week, according to estimates from S&P Dow Jones Indices.
The equity benchmark lost $203 billion in value on Friday, adding to its $2.997 trillion loss from Monday to Thursday, the firm’s…
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