ASX opens down two per cent as global markets fall

The ASX 200 is down two per cent at early trade with more room for it to fall, mirroring global market reactions to the coronavirus. This is the third consecutive day the stock exchange has opened lower due to coronavirus fears. In the US the Dow Jones fell 3.15 per cent; its lowest level since last October with the Nasdaq also falling close to three per cent. Both the UK and German markets fell two per cent and the Japanese markets three per cent. Image: AP

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