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Dow sinks 1,000 points on alarm over virus spreading in United States – Metro US

Dow sinks 1,000 points on alarm over virus spreading in United States

(Reuters) – U.S. stocks sold off sharply on Thursday, with shares of banks and travel companies pummeled, as large swings in the market continued due to uncertainty over the spread of the coronavirus and its economic fallout.

The Dow Jones Industrial Average fell 969.17 points, or 3.58%, to 26,121.69, the S&P 500 lost 105.98 points, or 3.39%, to 3,024.14 and the Nasdaq Composite dropped 279.49 points, or 3.1%, to 8,738.60.

(Reporting By Lewis Krauskopf; Editing by Chris Reese)