Widespread selloff as Covid19 continues to rage

Widespread selloff as Covid19 continues to rage

Stock markets around the world were in the red on Wednesday, with the Dow Jones Industrial Averages 3.4 fall, constituting its worst day since June. Elsewhere, the FTSE 100 was down 2.6, the German Dax fell 4.2 and the SP 500 closed the day 3.5 lower. Many of the US tech giants fell sharply, as the CEOs of Facebook, Twitter and Alphabet Googles parent testified in front of a virtual Senate hearing that focused on their role in public discourse during the Presidential election.

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