Dow Tumbles 1,000 Points Again
Stocks cannot figure out the coronavirus' behaviors
US stocks remain extremely volatile, and after two 1,000-point gains and an 800-point loss this week, the Dow is once again dropping sharply. Coronavirus confusion remains top of mind.
The Dow dropped as many as 1,020 points at its low-point, before rebounding slightly. The index was down 980 points, or 3.6 percent, in the early afternoon. Meanwhile, the S&P 500 dropped 3.5 percent and the Nasdaq Composite fell 3 percent.
All three indexes dropped into correction territory last week, having fallen more than 10 percent below their peaks. They have since bounced in and out of correction.
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