NPR: Dow Dives 1,800 Points On Worries Of 2nd Coronavirus Wave
The Dow and other stock indexes plunged as cases surged in several states and the Federal Reserve warned that the pandemic “will weigh heavily on economic activity.”
Travel and hospitality companies were among the biggest losers.
It was a brutal day for the market. Stocks tanked Thursday in the market's worst day since the March sell-off as coronavirus cases increased in some states that are reopening.
– The Dow fell 1,861 points.
– The S&P 500 slid 5.89%.
– The Nasdaq lost 5.2%. https://t.co/g4gcaVfRmH pic.twitter.com/mKowbvNPng— CNBC (@CNBC) June 11, 2020
