Published 03:03 IST, March 12th 2020

Trump to address the nation amid virus pandemic

President Donald Trump says he will address the nation Wedesday night at 8 p.m. regarding what his administration is doing amid the coronavirus pandemic.

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President Donald Trump says he will dress nation Wedesday night at 8 p.m. regarding what his ministration is doing amid coronavirus pandemic.

Trump's comments came during a roundtable meeting with Wall Street bankers at White House.

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Seven weeks after first case of COVID-19 was confirmed in U.S., outbreak is w classified as a pandemic and it's doing widespre dam to critical ecomic sectors of global ecomy.

Stocks fell sharply on Wall Street, shaving 5.9% off Dow Jones Industrial Aver and bringing index into a bear market.

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more widely followed S&P 500 is within one percent point of its own bear market, which would mark end of one of Wall Street's greatest eras.

Airlines are cutting capacity, people are working from home, major public events that raise millions of dollars for local communities have been canceled, including St. Patrick's Day pare in Boston and Chicago, and New York Auto Show.

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For most, coronavirus causes only mild or moderate symptoms, such as fever and cough.

But for a few, especially older ults and people with existing health problems, it can cause more severe illnesses, including pneumonia. More than 121,000 people have been infected worldwide and over 4,300 have died. But most people recover.

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03:03 IST, March 12th 2020