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US President Donald Trump has tweeted saying, “The Coronavirus is very much under control in the USA. We are in contact with everyone and all relevant countries. CDC & World Health have been working hard and very smart. Stock Market starting to look very good to me!”

This follows a day where we saw the second-biggest daily point drop for the Dow Jones Industrial Average, or the DJIA, in its 124-year history. Monday’s selloff marks the first time all three major benchmarks each fell by at least 3% on the same day since December 4th, 2018.