Global stocks slumped Friday after a study into a potential coronavirus treatment was halted following inconclusive results. South Korea's Kospi Index fell 1.4% in afternoon trade, while Japan's Nikkei 225 slid 0.9%. China's Shanghai Composite was down about 1%. Hong Kong's Hang Seng Index dipped 0.4%.
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Global stocks falter as Gilead halts trial of potential coronavirus treatment