Dow plunges 700 points as whiplash on Wall Street continues

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Dow plunges 700 points as whiplash on Wall Street continues
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MARKETS: The Dow Jones Industrial Average opened sharply lower as investors' anxiety over the economic ramifications of the coronavirus outbreak continues to impact trading.

Coronavirus explainedThe Dow Jones Industrial Average plunged more than 700 points on Wednesday, as investors' anxiety over the economic ramifications of the coronavirus outbreak continues to impact trading.MORE: What experts say you should do as stocks stay volatile amid coronavirus

Trading this week has been characterized by more than 1,000 point swings that may be giving some investors whiplash. Markets bounced back on Tuesday with the the Dow, S&P 500 and Nasdaq all gaining approximately 4.9%. Tuesday's gains, however, made up for nearly half of Monday's losses.

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