The Dow Jones Industrial Average closed down 2.7%, over 700 points today as investors worry about a spike in new coronavirus cases by skleb1234
The Dow Jones Industrial Average closed down 2.7%, over 700 points, on Wednesday, while the S&P 500 fell 2.6% and the tech-heavy Nasdaq Composite lost 2.2%.
Stocks accelerated their losses after the open, taking a hit from growing fears of a resurgence in coronavirus infections across the country as states lift lockdown orders., with the nation’s three most populated states—Texas, Florida and California—all reporting a record high number of new cases.on Wednesday that they will require visitors from Florida, Texas and other states with a spike in new cases to quarantine for 14 days on arrival.
Shares of companies that would benefit from the economy reopening—including retailers, airlines and cruise operators—plunged across the board on Wednesday.from Barclays analysts, who warned that both companies face a “murky path” to returning to full operations.late on Tuesday that the company is exploring options—including a possible spinoff or sale—for its $50 billion stake in cloud computing company VMWare.
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