The US stock market took a dive on Monday, following the pattern of Asian and European stocks, as concerns mount over new coronavirus outbreaks in the United States and China.
The Dow Jones Industrial Average plummeted 2.4 percent at the opening bell. The S&P 500 index of America’s top 500 corporations slid 1.9 percent, while the tech-heavy Nasdaq Composite is trading 1.4 percent lower. Last week, all three major equity benchmarks suffered their worst week since March 20.
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