Wall Street’s Sell-Off Deepens as Coronavirus Fears Intensify

The American flag and Wall St. street sign outside the New York Stock Exchange, in New York, on June 27, 2014. Mark Lennihan/AP Photo

NEW YORK—The Dow and the S&P 500 tumbled 3 percent on Tuesday in their fourth straight day of losses as the coronavirus spread further around the world, and investors offloaded risky assets as they struggled to gauge the economic impact.

Both averages recorded their biggest four-day percentage losses since the massive sell-off in December 2018, while U.S. 10-year Treasury yields hit a record low.