Dow drops more than 900 points as coronavirus cases outside of China surge

Stocks fell sharply on Monday as the number of coronavirus cases outside China surged, stoking fears of a prolonged global economic slowdown from the virus spreading.

The Dow Jones Industrial Average traded 979 points lower at the open, or 3.4%. The S&P 500 slid 3.2% while the Nasdaq Composite traded 4% lower.

Monday’s drop put the Dow on pace for its biggest one-day point drop since February 2018, when it lost more than 1,000 points.

Full article at : CNBC

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