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Worldwide markets plummeted again Thursday, deepening a weeklong rout triggered by growing anxiety that the coronavirus will wreak havoc on the global economy. The sweeping selloff pushed the Dow Jones Industrial Average down nearly 1,200, its biggest one-day drop ever.The benchmark S&P 500 dropped down4.4% Thursday, its worst one-day drop since 2011.The S&P 500 has now plunged 12% from the all-time high it set just a week ago. That puts the index in what market watchers call a "correction," which is decline of at least 10% from a high. The six-day correction is the fastest in history.Stocks are now headed for their worst week since October 2008, during the global financial crisis.The losses extended a slide that has wiped out the solid gains major indexes posted early this year. Investors came into 2020 feeling confident that the Federal Reserve would keep interest rates at low levels and the U.S.-China trade war posed less of a threat to company profits after the two sides reached a preliminary agreement in January. Even in the early days of the outbreak, markets took things in stride.But over the past two weeks, a growing list of major companies issued warnings that profits could suffer as factory shutdowns across China disrupt supply chains and consumers there refrain from shopping. Travel to and from China is severely restricted, and shares of airlines, hotels and cruise operators have been punished in stock markets. As the virus spread beyond China, markets feared the economic issues in China could escalate globally.One sign of that is the big decline in oil prices, which slumped on expectations that demand will tail off sharply."This is a market that's being driven completely by fear," said Elaine Stokes, portfolio manager at Loomis Sayles, with market movements following the classic characteristics of a fear trade: Stocks are down. Commodities are down, and bonds are up.The Dow dropped 1,190.95 points, its largest one-day point drop in history, bringing its loss for the week to 3,225.77 points, or 11.1%. To put that in perspective, the Dow's 508-point loss on Oct. 19, 1987, was equal to 22.6%. Bond prices soared again Thursday as investors fled to safe investments. The yield on the benchmark 10-year Treasury note fell as low as 1.246%, a record low, according to TradeWeb. When yields fall, it's a sign that investors are feeling less confident about the strength of the economy.Stokes said the swoon reminded her of the market's reaction following the Sept. 11, 2001 terrorist attacks."Eventually we're going to get to a place where this fear, it's something that we get used to living with, the same way we got used to living with the threat of living with terrorism," she said. "But right now, people don't know how or when we're going to get there, and what people do in that situation is to retrench."The virus has now infected more than 82,000 people globally and is worrying governments with its rapid spread beyond the epicenter of China.Japan will close schools nationwide to help control the spread of the new virus. Saudi Arabia banned foreign pilgrims from entering the kingdom to visit Islam's holiest sites. Italy has become the center of the outbreak in Europe, with the spread threatening the financial and industrial centers of that nation.At their heart, stock prices rise and fall with the profits that companies make. And Wall Street's expectations for profit growth are sliding away. Apple and Microsoft, two of the world's biggest companies, have already said their sales this quarter will feel the economic effects of the virus.Goldman Sachs on Thursday said earnings for companies in the S&P 500 index might not grow at all this year, after predicting earlier that they would grow 5.5%. Strategist David Kostin also cut his growth forecast for earnings next year.Besides a sharply weaker Chinese economy in the first quarter of this year, he sees lower demand for U.S. exporters, disruptions to supply chains and general uncertainty eating away at earnings growth.Such cuts are even more impactful now because stocks are already trading at high levels relative to their earnings, raising the risk. Before the virus worries exploded, investors had been pushing stocks higher on expectations that strong profit growth was set to resume for companies after declining for most of 2019. The S&P 500 recently traded at its most expensive level, relative to its expected earnings per share, since the dot-com bubble was deflating in 2002, according to FactSet. If profit growth doesn't ramp up this year, that makes a highly priced stock market even more vulnerable.Goldman Sach's Kostin predicted the S&P 500 could fall to 2,900 in the near term, which would be a nearly 7% drop from Wednesday's close, before rebounding to 3,400 by the end of the year.Traders are growing increasingly certain that the Federal Reserve will be forced to cut interest rates to protect the economy, and soon. They are pricing in a 96% probability of a cut at the Fed's next meeting in March. Just a day before, they were calling for only a 33% chance, according to CME Group.The market's sharp drop this week partly reflects increasing fears among many economists that the U.S. and global economies could take a bigger hit from the coronavirus than they previously thought.Earlier assumptions that the impact would largely be contained in China and would temporarily disrupt manufacturing supply chains have been overtaken by concerns that as the virus spreads, more people in numerous countries will stay home, either voluntarily or under quarantine. Vacations could be canceled, restaurant meals skipped, and fewer shopping trips taken. "A global recession is likely if COVID-19 becomes a pandemic, and the odds of that are uncomfortably high and rising with infections surging in Italy and Korea," said Mark Zandi, chief economist at Moody's Analytics. The market rout will also likely weaken Americans' confidence in the economy, analysts say, even among those who don't own shares. Such volatility can worry people about their own companies and job security. In addition, Americans that do own stocks feel less wealthy. Both of those trends can combine to discourage consumer spending and slow growth.MARKET ROUNDUP:The S&P 500 fell 137.63 points, or 4.4%, to 2,978.76. The Dow fell 1,190.95 points, or 4.4%, to 25,766.64. The Nasdaq dropped 414.29 points, or 4.6%, to 8,566.48. The Russell 2000 index of smaller company stocks lost 54.89 points, or 3.5%, to 1,497.87.In commodities trading Thursday, benchmark crude oil fell .64 to settle at .09 a barrel. Brent crude oil, the international standard, dropped .25 to close at .18 a barrel. Wholesale gasoline fell 4 cents to .41 per gallon. Heating oil declined 1 cent to .49 per gallon. Natural gas fell 7 cents to .75 per 1,000 cubic feet.Gold fell 40 cents to ,640.00 per ounce, silver fell 18 cents to .66 per ounce and copper fell 1 cent to .57 per pound.The dollar fell to 109.95 Japanese yen from 110.22 yen on Wednesday. The euro strengthened to .0987 from .0897. 7132

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-- New Jersey Sen. Cory Booker, Hawaii Rep. Tulsi Gabbard and former Secretary of Housing and Urban Development Julian Castro -- did not meet the Democratic National Committee's criteria to take part. And California Sen. Kamala Harris earlier this month became the latest major candidate to drop out of the race.At a time of Democratic indecision, the remaining contenders are all facing their own challenges. Biden is clinging to his front-runner status after a series of uneven performances. Sanders has experienced something of a resurgence after having a heart attack earlier this year, but he and Warren are still splitting the far left of their party while trying to demonstrate that they can build a coalition to vanquish Trump in the general election.Biden led the field at 26% in 790

in his Halloween display, he can't even count them all.He's been at this since 2015, each year growing his show at 3031 Gold Dust St. in Plainfield Township just a little more. 178

in order to pad his pockets.Dr. Yasser Awaad allegedly forced children to endure grueling medical tests — including sleep deprivation — multiple times, though the children never needed them.Mariah Martinez was just nine years old when she said she was referred to Awaad for headaches. At the time, Awaad worked for Oakwood Healthcare, which is now owned by Beaumont Health.Martinez says Awaad wanted her to undergo an electroencephalogram or EEG, and then told her she had epilepsy. Martinez says she was confused because she'd never had a seizure."I didn't know what epilepsy was at that point," she said.Martinez said the diagnosis scared her."Being told you're abnormal, or the tests are abnormal, means I'm not like everyone else, and at that age, you just want to fit in," Martinez said.She said the anti-seizure medication not only made her drowsy – it made her headaches worse."I kind of withdrew into myself, didn't want to be around people," she said.It wasn't until Awaad suddenly left his practice four years later and Martinez saw a new doctor that she found out she never had epilepsy."I lost, I feel like a piece of my childhood. All the time, I could have been learning to do things, playing with the other kids, I could have friends, I could have joined a sport – you never know," Martinez said.Martinez was not alone."I think it's despicable and deplorable that he would do this to any innocent child, let alone several hundred," medical malpractice lawyer Brian McKeen said. McKeen and a team of attorneys are suing Awaad and the hospital."When you look at all the evidence in this case. The conclusion is inescapable. That this was done intentionally," he said.McKeen alleges Awaad ran an EEG mill: the more tests he ran on the kids, the more money he made. At a 2018 deposition, McKeen claimed Awaad made "hundreds of thousands" of dollars for running the tests; money Awaad later said he was "entitled to."McKeen says one of Awaad's pediatric neurology colleagues even blew the whistle on him to Oakwood administrators back in 2003."She told them he's doing unnecessary EEGs, he's diagnosing kids with epilepsy that don't have it, and he's giving kids unnecessary drugs, and they did not do anything about it. They swept it under the rug," McKeen said.McKeen says Awaad also falsely diagnosed Martinez's sister with epilepsy, and in a different family, he's accused of misdiagnosing four out of five siblings.Hundreds of medical licensing records show that since 2010, the state has been accusing Awaad of violating the public health code for wrongly diagnosing kids with epilepsy. The state complaints use words like "negligence" and "incompetence" to describe Awaad, yet he still held on to his medical license.In 2012, he was put on probation and forced to pay a ,000 fine."That wasn't enough. They should suspend his license. He should never be allowed the opportunity to practice medicine and violate the trust of any other patient," McKeen said.In June, a jury awarded Mariah Martinez million for her case against Awaad. The second lawsuit of the 267 pending against Awaad is currently underway in Wayne County Circuit Court."I don't know if I'll ever be 100 percent," Martinez said.Beaumont Health and its lawyers chose not to comment, citing pending litigation and patient privacy laws. A spokesman also said that they have not had a relationship with Awaad since 2017.Beaumont spokesman Mark Geary declined to provide someone to talk on camera, but released the following statement:"The litigation involving Dr. Yasser Awaad and Oakwood Healthcare dates back more than a decade to 2007. We cannot comment about the specifics of this case or others because of pending legal proceedings and patient privacy laws. After his employment with Oakwood Healthcare, Dr. Awaad was briefly employed by Beaumont to provide medical education and clinical curriculum for residents and medical students in pediatric neurology. He completed this work in 2017 and has not had any relationship with Beaumont since that time."Meanwhile, the Michigan Attorney General's Office has filed another administrative complaint against Awaad's license. The hearing was supposed to be held next week, but Awaad's lawyers asked for it to be delayed. It's now scheduled in March.This story was originally published by Heather Catallo on 4344