Dow closes with loss of 1,300 points as coronavirus fears take hold

Dow closes with loss of 1,300 points as coronavirus fears take hold

Wall Street took yet another hammering Wednesday, with the Dow Jones Industrial Average closing with a loss of just over 1,300 points, or 6 percent, as investors continue to flee financial markets.

After some volatile swings in trading, all three major indices closed sharply lower, propelled by a slew of negative economic news as companies and the government wrestle with the mounting fallout from the coronavirus pandemic.

via NBC Dow closes with loss of 1,300 points as coronavirus fears take hold