Dow plunges 650 points as record COVID-19 spike and lack of stimulus trouble investors | Markets Insider

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Dow plunges 650 points as record COVID-19 spike and lack of stimulus trouble investors | Markets Insider
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Dow plunges 650 points as record COVID-19 spike and lack of stimulus trouble investors

US stocks fell sharply on Monday as investors weighed both a lack of progress on fiscal stimulus negotiations and a record number of daily COVID-19 cases.

While House Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin continued relief-package talks today, there are diminishing expectations that a deal will be ironed out before next week's presidential election.reports that five people in Vice President Mike Pence's inner circle had tested positive for the virus.

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