US stocks tumbled on Wednesday, ending sharply in the red. Investors worried about rising Covid-19 infection in parts of the country, quarantine requirements for intra-US travel and newly proposed tariffs on EU imports.
The three major stock indexes recorded their worst performance in nearly two weeks.
- The Dow ended 2.7%, or 710 points, lower. Not a single Dow stock ended in the green.
- The S&P 500 closed down 2.6%.
- The Nasdaq Composite fell 2.2%, just one day after logging a record closing high and its longest winning streak since December.