It was another ugly day for US stocks. The Dow recorded its worst one-day point drop in history and its worst performance on a percentage basis since October 19, 1987, also known as “Black Monday.”
Stocks fell to session lows in the final hour of trading, as President Donald Trump said the outbreak could last until July or August. The Dow dropped more than 3,000 points at its worst.
- The S&P 500 finished down nearly 12%.
- The Dow closed 2,997 points, or 12.9%, lower.
- The Nasdaq Composite ended down 12.3%.