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Dow Jones and S&P 500 fall 3% with the growing fears of coronavirus

UNITED STATES (OBSERVATORY NEWS) — The Dow Jones industrial average and Standard & Poor’s 500 indexes plunged 3 percent on Tuesday in losses for the fourth straight session as the outbreak of the Corona virus spread worldwide and investors left high-risk assets while struggling to estimate the economic implications.

Based on the latest available data, the Dow fell 880.79 points, or 3.15 percent to 27080.01 points, and Standard & Poor’s fell 97.59 points, or 3.03 percent, to record 3128.3 points.

The Nasdaq Composite Index fell 255.67 points, or 2.77 percent to 8,965.61 points.

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