Investors dazed after Wall Street's worst day since 1987, Dow dips 10%

Wall Street's most recent selloff comes as countries around the world grapple with how to contain the fast-moving coronavirus and its economic effects

As trading ended on Thursday in Wall Street's worst day for three decades, shell-shocked investors had no idea how much further the market was likely to fall as the coronavirus pandemic spread fear of a global recession.

A 16-day drop of almost 27 per cent in the S&P 500 has left portfolios in tatters. The suspension of professional sports games, canceled conventions and half-empty restaurants has raised fears - not about whether the longest US economic expansion on record is ending - but about how deep a now presumed recession will be.

"This was worse than any day in 2008. It was