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Coronavirus: stocks tumble as Trump warns of ‘very, very painful two weeks’
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North American stock indexes tumbled at the open on Wednesday, as investors fled to safe-haven assets after U.S. President Donald Trump warned of a “very, very painful two weeks” in reference to the U.S.
death toll from the coronavirus. The Dow Jones Industrial Average fell 689.78 points, or 3.15 per cent, at the open to 21,227.38.
The S&P 500 opened lower by 86.51 points, or 3.35 per cent, at 2,498.08, while the Nasdaq Composite dropped 240.60 points, or 3.12 per cent, to 7,459.50 at the opening bell. [ Sign up for our Health IQ newsletter for the latest coronavirus updates ] In Toronto, the S&P/TSX composite index was down 352.39 points to 13,026.00 at 9:50 a.m.
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COVID-19
United States
|
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
|
India
|
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
|
Brazil
|
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
|
United Kingdom
|
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
|
Russia
|
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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