U.S. Stocks Tumble, Resuming Selloff on Virus Fears

W460

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.

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