US stocks join global selloff on coronavirus cases surge, Dow Jones tumbles over 700 pts

Wall Street stocks tumbled Wednesday, taking cues from European bourses that sank on fears of broad lockdowns in the continent to address rising coronavirus cases. The bellwether Dow Jones Industrial Average had fallen 3.1 percent, or about 840 points, around 1505 GMT, to 26,622.04. The broad-based S&P 500 also shed 3.1 percent to 3,287.40, as did the tech-rich Nasdaq Composite Index, which stood at 11,079.01.


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