Tel Aviv 35 drops 8%, Tel Aviv 125 nearly as much; falls in keeping with drops around the globe as central banks struggle to respond to collapse in trade

Sell-off over concerns of recession has now wiped out most of Wall Street’s big gains since Trump took office

Losses accelerate as health authorities declare outbreak a pandemic, bringing US stock market to brink of ending one of its greatest-ever runs

Global financial markets rocked as virus outbreak shuts down industrial centers, empties shops, slashes travel worldwide; US investors look to Federal Reserve for succor

Tech giant now world's most valuable company, beating out Apple and Amazon; growth spurred by cloud computing and business services