Stocks Open Lower on Fears Over Fresh Virus Outbreaks

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Stocks Open Lower on Fears Over Fresh Virus Outbreaks
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The Dow industrials fell about 600 points as investors worry fresh outbreaks of the coronavirus could hold back a global economic recovery

U.S. stocks fell in early trading Monday as investors questioned whether fresh outbreaks of the coronavirus could hold back the global economic recovery.

The Dow Jones Industrial Average dropped 2.9%, or about 750 points, while the S&P 500 receded 2.4% and the Nasdaq Composite Index fell 1.8%. In Europe, the pan-continental Stoxx Europe 600 dropped 1%. Stocks in Asia closed lower, with the Japanese Nikkei Stock Average down nearly 3.5%.

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