Mark Gongloff, Columnist

Coronavirus Triggers the Worst Market Crash Since 1987

The historical comparisons are getting ugly.

It’s like Groundhog Day around here.

Photographer: BRYAN R. SMITH/AFP/Getty Images

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The coronavirus panic gripping markets, with U.S. stocks falling the most since 1987’s Black Monday and threatening a new credit crisis, is being fueled by a global failure of leadership.