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Author: Tan KW   |   Latest post: Sun, 29 Nov 2020, 7:50 AM

 

Dow, Nasdaq drop three per cent, sliding further on Covid-19 fears

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NEW YORK, Oct 28 — Losses on Wall Street deepened today as surging coronavirus cases in European countries and some US states revived worries about lockdowns and other restrictions.

Near 1505 GMT, the Dow Jones Industrial Average had fallen 3.1 per cent, or about 840 points, to 26,622.04.

The broad-based S&P 500 also shed 3.1 per cent to 3,287.40, as did the tech-rich Nasdaq Composite Index, which stood at 11,079.01.

 

 - AFP 

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