U.S. Stocks Tumble, Resuming Selloff on Virus Fears
Wall Street stocks resumed their downward slide on Wednesday, falling sharply in opening trading amid rising fears the coronavirus outbreak will lead to a recession.
Shortly after the opening bell, the Dow Jones Industrial Average stood at 24,271.29, down about 750 points, or 3.0 percent.
The broad-based S&P 500 sank 2.8 percent to 2,800.32, while the tech-rich Nasdaq Composite Index dropped 2.6 percent to 8,128.10.
Source: Agence France Presse
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