Dow finishes the day down more than 1,000 points due to coronavirus fears
The US stock market dropped heavily today after the number of coronavirus cases surged in Italy and South Korea, putting two more major economies at risk from a virus that has already caused widespread disruption in China.
The Dow finished down 1,032 points, or 3.6%, its worst day since February 2018. It was only the third time in history that the index closed down by more than 1,000 points. The index is now in the red for the year and at its lowest point total since December 11. The S&P 500 closed 3.4% lower. It was its worst one-day percentage loss since February 2018.