Coronavirus: Stocks plummet as death toll rises
The Dow Jones Industrial Average plunged nearly 1,000 points on Monday morning as international health officials warned the deadly coronavirus could possibly cause a global pandemic amid a rise of new cases in multiple countries.
The Dow, a stock market performance indicator which tracks 30 large publicly-owned companies, fell nearly 997 points by the opening bell on Monday — a 3.4 per cent drop. Meanwhile, the S&P 500 also plunged 3.1 per cent, and the Nasdaq lost a reported 3.9 per cent.
More follows…
