S&P 500 falls for seventh straight day on Wall Street

On Wall Street, the S&P 500 fell for the seventh straight day yesterday, on growing fears that the fast-spreading coronavirus could push the economy into recession. The Nasdaq managed to eke out a marginal gain after plunging as much as 3.5 percent during the session. After falling as much as 4.2 percent - more than 1,000 points during the day - the Dow ended the session 1.4 percent lower. Equities found some support after US Federal Reserve Chair Jerome Powell said the fundamentals of t...