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