The Dow Jones Industrial Average dropped 650 points Monday as coronavirus cases surged, adding to worries about the economic outlook after Congress and the White House failed to agree on a much-anticipated fiscal stimulus deal. Major indexes opened lower, and declines accelerated into the afternoon. In the Dow-- which suffered its steepest one-day point and percentage drop since Sept. 3-- 29 of 30 stocks fell on the day.
Stocks dropped sharply Monday as coronavirus cases surged in the U.S. and Europe, adding to worries about the economic outlook after Congress and the White House failed to agree on a much-anticipated fiscal stimulus deal. Major indexes opened lower, and the declines accelerated into the afternoon. The Dow industrials fell 650 points, or 2.3%, the worst day for the blue chips since Sept. 3. The S&P 500 dropped 1.9%, and the Nasdaq Composite fell 1.6%.
U.S. stocks dropped sharply Monday as coronavirus cases surged in the U.S. and Europe, adding to worries about the economic outlook after Congress and the White House failed to agree on a much-anticipated fiscal stimulus deal. Major indexes opened lower, and the declines accelerated into the afternoon. All 30 components of the Dow Jones Industrial Average were lower, as were all 11 sectors of the S&P 500..
U.S. stocks dropped sharply Monday as coronavirus cases surged in the U.S. and Europe, adding to worries about the economic outlook after Congress and the White House failed to agree on a much-anticipated fiscal stimulus deal. Major indexes opened lower, and the declines accelerated into the afternoon. All 30 components of the Dow Jones Industrial Average were lower, as were all 11 sectors of the S&P 500..
The Dow industrials and S&P 500 dropped sharply Monday as coronavirus cases surged in the U.S. and Europe, adding to worries about the economic outlook after Congress and the White House failed to agree on a much-anticipated fiscal stimulus deal. Major indexes opened lower, and the declines accelerated into midday. All 30 components of the Dow Jones Industrial Average were lower, as were all 11 sectors of the S&P 500..
U.S. stocks dropped sharply Monday as coronavirus cases surged in the U.S. and Europe, adding to worries about the economic outlook after Congress and the White House failed to agree on a much-anticipated fiscal stimulus deal. Major indexes opened lower, and the declines accelerated as the morning progressed. All 30 components of the Dow Jones Industrial Average were lower, as were all 11 sectors of the S&P 500..
U.S. stocks and oil prices fell Monday as coronavirus cases surged in the U.S. and Europe, adding to worries about the economic outlook after Congress and the White House failed to agree on a much-anticipated fiscal stimulus deal. The Dow Jones Industrial Average fell 430 points, or 1.6%, the S&P 500 dropped 1.1% and the Nasdaq Composite fell 0.4%. The U.S. reported 60,789 new cases Sunday, down from recent record-setting levels, but up from a week earlier.
Stocks and oil prices fell Monday, as coronavirus cases surged in the U.S. and Europe, adding to worries about the economic outlook after Congress and the White House failed to agree on a much-anticipated fiscal stimulus deal. The S&P 500 dropped 1% in early New York trading. Last week, the broad-market index retreated 0.5%.
U.S. stock futures and oil prices fell Monday, as coronavirus cases surged in the U.S. and Europe, adding to worries about the economic outlook after Congress and the White House failed to agree on a much-anticipated fiscal stimulus deal. Futures tied to the S&P 500 dropped 0.9%, pointing to a decline in U.S. markets after the opening bell. Last week, the broad-market index retreated 0.5%.
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