Dow Slides 1,000 Points On Fears of Coronavirus Resurgence, More Economic Pain-The Washington Post

U.S. markets posted heavy losses Thursday as the Federal Reserve’s gloomy economic outlook, coupled with fears of a second wave of coronavirus infections, rattled investors. The Dow Jones industrial average fell 1,000 points, or 3.7 percent, by late morning, while the Standard & Poor’s and Nasdaq composites also dropped sharply. The Washington Post, 06/11/2020