Dow Jones falls below 29,000 points

US stocks opened lower on Friday, amid close following of the coronavirus health crisis developments and its impact on the global economy and major companies' business performance during the first quarter.

China revealed today that coronavirus has infected 76,000 cases, and its death toll rose to 2,130 victims.

The US tech giant, Apple, trimmed its revenue forecasts for the first quarter of this year due to the coronavirus impact on Chinese sales.

The iPhone maker stated that its sales are gradually returning in Chinese stores, but still slow due to weak demand.

As for stocks, Dow Jones fell by 0.8% or 225 points to trade at 28,995 as of 15:25 GMT, Nasdaq lost 1.1% or 113 points to 9,637, and S&P 500 fell 1% or 33 points to 3,340.