The Dow Jones Industrial Average plunged more than 1,000 points on Monday as the number of coronavirus cases outside of China surged, sparking fears of a protracted economic slowdown.
The Dow closed 1,031.61 points lower, or 3.56 percent, at 27,960.80, while the S&P 500 dropped 3.35 percent to 3,225.89. The Nasdaq Composite closed 3.71 percent lower to 9,221.28. Monday’s decline marked the third-biggest daily drop for the Dow Jones.