Wall Street continued its sell-off for a second straight day Tuesday over fears of the spread of the new coronavirus, officially known as COVID-19.
The Dow Jones Industrial Average shed over 3%, or nearly 880 points, at the close with the S&P 500 down more than 2.9% and the Nasdaq taking a hit of nearly 2.8%.
Though a less significant decline than Monday’s sell-off, the day’s losses continue to signify investor worries that the spread of the coronavirus will stifle global growth. The Dow shed over 1,000 points on Monday alone.
Combined, Monday and Tuesday’s losses mark the steepest