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Live updates: Fears grow of a coronavirus pandemic as markets stumble again; Japan shuts schools

U.S. markets fell sharply Thursday after the first coronavirus case in the United States that could not be linked to foreign travel was confirmed.

The state of California is calling the case, first reported by The Washington Post, its first instance of community transmission. The hospital is monitoring the health of scores of staff members who may have come in contact with the patient.

The rapid spread of the novel coronavirus also raised the specter of a global pandemic as governments ramped up their emergency responses and international financial markets slumped again Thursday, despite signs that the outbreak may be easing in China. Continue reading.

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